§ 40-14-333 — Balloon payments

With respect to a consumer loan, other than one pursuant to a
revolving loan account, if any scheduled payment is more than
twice as large as the average of earlier scheduled payments, the
debtor has the right to refinance the amount of that payment at
the time it is due if the creditor is still offering that type
of credit and the debtor is credit worthy. Credit terms shall
be as favorable as those offered to the general public by the
creditor for the same type of credit at the time a request for
refinancing is approved. These provisions do not apply to the
extent that the payment schedule is adjusted to the seasonal or
irregular income of the debtor.