110 ILCS 992/7-41: Refinancing.
Where this section sits in the code
- CHAPTER 110 HIGHER EDUCATION
- Student Loan Servicing Rights Act.
Before offering a person an EISA that is being used to refinance an existing loan, an EISA provider shall provide the person with a disclosure explaining that the benefits and protections applicable to the existing loan may be lost due to the refinancing. The disclosure must be provided on a one-page information sheet in at least 12-point type and must be written in simple, clear, understandable, and easily readable language.
Collected 2026-09-15T04:46:28Z. Source file · JSON