31-1-104: Interest defined.
Where this section sits in the code
- TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS
- CHAPTER 1. CREDIT TRANSACTIONS
- Part 1. Loans of Money -- Interest Rates
Interest is the compensation allowed by law or fixed by the parties for the use or forbearance or detention of money and includes loan origination fees, points, and prepaid finance charges, as defined in 12 CFR 226.2.
Collected 2026-09-14T04:51:42Z. Source file · JSON