(a) General rule.--A closed-end credit agreement that is negotiated and entered into by a buyer and seller by telephone or mail is permitted under this subchapter and subject to this section if:
(1) the seller did not personally solicit the sale; and
(2) a catalog or other printed solicitation that is generally available to the public clearly sets forth the purchase price, time sale price and other terms regarding the sale of the goods or services.
(b) Applicability.--For a sale under this section, section 6323(a) (relating to copy of agreement) does not apply.
(c) Seller's completion of agreement.--If a seller under this section receives a closed-end credit agreement from a buyer and the agreement contains blank spaces, the seller may insert in the appropriate blank spaces the purchase price, time sale price and other terms regarding the sale of the goods or services, as set forth in the seller's current catalog or other printed solicitation.
(d) Copy of agreement or statement.--Prior to the due date of the first installment under the agreement, the seller shall furnish to the buyer either a legible and complete copy of the agreement or a written statement of the items inserted in the blank spaces described in subsection (c).
Cross References. Section 6324 is referred to in section 6323 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 63 - Goods and Services Installment Sales
Section 6301 - Scope of chapter
Section 6305 - Prohibited activities and provisions
Section 6308 - Attorney fees and costs
Section 6309 - Repossession; acceleration; right to cure
Section 6312 - Discharge of obligation
Section 6313 - Prepayment of obligation
Section 6314 - Acknowledgment of payment in full
Section 6323 - Copy of agreement
Section 6324 - Agreement resulting from telephone or mail communications
Section 6325 - Purchase money loan; notice
Section 6326 - Statement to buyer
Section 6328 - New payment schedule
Section 6333 - Applicability and effect of subchapter
Section 6344 - Costs of collection
Section 6345 - Finance charges
Section 6346 - Costs from nonaffiliated entity
Section 6347 - Extension and deferment
Section 6348 - Interest rate after maturity
Section 6351 - Willful and intentional violations
Section 6352 - Noncompliance; costs and charges