815 ILCS 405/2.17: Precomputed.
Where this section sits in the code
- CHAPTER 815 BUSINESS TRANSACTIONS
- Retail Installment Sales Act.
A contract is "precomputed" if the debt is expressed as a sum of the amount financed plus the amount of the finance charge computed in advance.
Collected 2026-09-15T04:46:48Z. Source file · JSON