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Illinois · Through at least Public Act 104-790

110 ILCS 992/7-41: Refinancing.

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Where this section sits in the code
  1. CHAPTER 110 HIGHER EDUCATION
  2. 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

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