Sec. 3. As used in this chapter, "extension of credit" means the right to:
(1) defer payment of debt offered or granted primarily for personal, family, or household purposes;
(2) incur debt and defer payment of the debt offered or granted primarily for personal, family, or household purposes; or
(3) delay or avoid foreclosure on a buyer's residence.
As added by P.L.142-1990, SEC.1. Amended by P.L.171-2006, SEC.2.
Structure Indiana Code
Chapter 15. Credit Services Organizations
24-5-15-2. "Credit Services Organization"
24-5-15-2.5. "Debt Settlement Services"
24-5-15-3. "Extension of Credit" Defined
24-5-15-6. Written Statement Provided by Credit Services Organization
24-5-15-7. Contract Between Consumer and Credit Services Organization; Notice of Cancellation Form
24-5-15-8. Surety Bond or Irrevocable Letter of Credit; Filing With Attorney General
24-5-15-9. Damage Claims; Alternative Actions