{"data":{"id":"us-in/ic-37-2-4-43","jurisdiction":"us-in","citation":"IC 37-2-4-43","heading":"Limitation on default charges in consumer related loans","body":"Sec. 43. (a) The agreement with respect to a consumer related loan may provide for only the following charges as a result of the debtor's default:\n(1) reasonable attorney's fees and reasonable expenses incurred in realizing on a security interest;\n(2) deferral charges not in excess of twenty-five percent (25%) per year of the amount deferred for the period of deferral; and\n(3) other charges that could have been made had the loan been a consumer loan.\n(b) A provision in violation of this section is unenforceable.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 2. UNIFORM CONSUMER CREDIT CODE","Chapter 4. Loans"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-2-4-43","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"471181cb28265938ea9500e7d9c20f88cc7e3820256820c89391c5a7b71abc73","source_id":"us-in","stale":false,"prev":"us-in/ic-37-2-4-42","next":"us-in/ic-37-2-4-44"},"notice":"GroundRules: Original legal text. Not legal advice."}