Pennsylvania Statutes
§ 6348 — Interest rate after maturity
Pennsylvania·Title 12 COMMERCE AND TRADE·Part PART V·Ch. 63 GOODS AND SERVICES INSTALLMENT SALES·Subch. COSTS AND CHARGES
If a balance remains unpaid at the expiration of the scheduled maturity date of a closed-end credit agreement, the rate of the finance charge for the period beginning at the date of the maturity until payment in full may not exceed the rate of the finance charge under the original agreement.
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Legislative History
Cross References.Section 6348 is referred to in sections 6352, 6353 of this title.
Nearby Sections
15
§ 6301
Scope of chapter§ 6302
Definitions§ 6303
Waiver§ 6304
Applicability§ 6306
Assignment§ 6307
Venue§ 6308
Attorney fees and costs§ 6310
Lien§ 6311
Validity§ 6312
Discharge of obligation§ 6313
Prepayment of obligation§ 6321
General rules