Payable in installments definition
Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.
Payable in installments means that payment is required or permitted by agreement to be made in:
Payable in installments means that payment is required or permitted by agreement to be made in more than 4 periodic payments, excluding the down payment.
More Definitions of Payable in installments
Payable in installments means that payment is required or permitted by written agreement to be made in more than four (4) installments not including a down payment.
Payable in installments means that payment is required or
Payable in installments means that payment is required or permitted by agreement to be made in: (a) Two or more periodic payments, excluding a down payment, with respect to a debt arising from a consumer credit sale pursuant to which a sales finance charge is made; (b) four or more periodic payments, excluding a down payment, with respect to a debt arising from a consumer credit sale pursuant to which no sales finance charge is made; or (c) two or more periodic payments with respect to a debt arising from a consumer loan. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment, excluding the down payment, the consumer credit sale or consumer loan is "payable in installments".
Payable in installments means that payment is
Payable in installments means that payment is required or permitted by agreement
Payable in installments means that payment is required or permitted by agreement to be made in: (a) Two or more periodic payments, excluding a down payment, with respect to a debt arising from a consumer credit sale pursuant to which a sales finance charge is made;
Payable in installments means that payment is re-