815 ILCS 137/85: Payment compounding.
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- High Risk Home Loan Act.
No lender shall transfer, deal in, offer, or make a high risk home loan that includes terms under which more than 2 periodic payments required under the loan are consolidated and paid in advance from the loan proceeds provided to the borrower.
Collected 2026-09-15T04:46:47Z. Source file · JSON