Iowa § 537.3203 Notice to consumer

Iowa Statutes

§ 537.3203 — Notice to consumer

Iowa § 537.3203

Title XIIICOMMERCE

Ch. 537CONSUMER CREDIT CODE

This text of Iowa § 537.3203 (Notice to consumer) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 537.3203 (2026).

Text

The creditor shall give to the consumer a copy of any writing evidencing a consumer credit
transaction, otherthanonepursuanttoopen-endcredit, ifthewritingrequiresorprovidesfor
signature of the consumer. The writing evidencing the consumer’s obligation to pay under a
consumercredittransaction, otherthanonepursuanttoopen-endcredit, shallcontainaclear
and conspicuous notice to the consumer that the consumer should not sign it before reading
it, that the consumer is entitled to a copy of it, and, except in the case of a consumer lease,

that the consumer is entitled to prepay the unpaid balance at any time with such penalty and
minimum charges as the agreement and section 537.2510 may permit, and may be entitled to
receive a refund of unearned charges in accordance with law. The following noti

Free access — add to your briefcase to read the full text and ask questions with AI

The creditor shall give to the consumer a copy of any writing evidencing a consumer credit
transaction, otherthanonepursuanttoopen-endcredit, ifthewritingrequiresorprovidesfor
signature of the consumer. The writing evidencing the consumer’s obligation to pay under a
consumercredittransaction, otherthanonepursuanttoopen-endcredit, shallcontainaclear
and conspicuous notice to the consumer that the consumer should not sign it before reading
it, that the consumer is entitled to a copy of it, and, except in the case of a consumer lease,

that the consumer is entitled to prepay the unpaid balance at any time with such penalty and
minimum charges as the agreement and section 537.2510 may permit, and may be entitled to
receive a refund of unearned charges in accordance with law. The following notices if clear
and conspicuous comply with this section:
1. In all transactions to which this section applies:
NOTICE TO CONSUMER:
[1] Do not sign this paper before you read it.
[2] You are entitled to a copy of this paper.
[3] You may prepay the unpaid balance at any time without
penalty and may be entitled to receive a refund of unearned charges
in accordance with law.
2. In addition, in a transaction in which a minimum charge will be collected or retained,
the notice to consumer shall state:
[4] If you prepay the unpaid balance, you may have to pay a
minimum charge not greater than seven dollars and fifty cents.