North Carolina General Statutes Chapter 25A. Retail Installment Sales Act § 25A-3. “Payable in installments” defined
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A debt is “payable in installments” when the buyer is required or permitted by agreement to make payment in more than four installments, excluding a down payment, and whether or not a finance charge is imposed by the seller.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 25A. Retail Installment Sales Act § 25A-3. “Payable in installments” defined - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-25a-retail-installment-sales-act/nc-gen-st-sect-25a-3.html
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