A retail installment account may be established by the seller upon the request of a buyer or prospective buyer. The statement that “service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month” shall be printed in type no smaller than 8 points in every application form used by the seller and shall be stated to the applicant when such installment accounts are negotiated by telephone.
Structure Delaware Code
Chapter 43. RETAIL INSTALLMENT SALES
Subchapter IX. Retail Installment Accounts
§ 4335. Confirmation of account by seller; contents; proof of mailing.
§ 4336. Display of service charge rates by seller.
§ 4338. Monthly statement of account.
§ 4339. Charges included in installment account service charge; additional charges prohibited.
§ 4340. Insurance; cost and procurance of.
§ 4341. Security interest of seller in goods.
§ 4342. Notes cutting off buyer's right of action or defense against seller prohibited.
§ 4343. Application of other sections to retail installment accounts.