{"data":{"id":"us-nc/n.c.-gen.-stat.-25a-14","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25A-14","heading":"Finance charge rates and service charge for revolving charge account contracts.","body":"(a)\tThe finance-charge rate and either the annual charge or the monthly service charge for a consumer credit sale made under a revolving charge account contract may not exceed the rates and charge provided for revolving credit by G.S. 24-11.\n(b) In the event the revolving charge account contract is secured in whole or in part by a security interest in real property, then the finance-charge rate shall not exceed the rate set out in G.S. 25A-15(d).\n(c)\tNo default or deferral charge shall be imposed by the seller in connection with a revolving charge-account contract, except as specifically provided for in G.S. 24-11(d1). (1971, c. 796, s. 1; 1983, c. 126, s. 7; 1991, c. 506, s. 7.)","path":["Chapter 25A. Retail Installment Sales Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25A/GS_25A-14.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:52Z","sha256":"3374c6357f8fb794d61bd0fb0ce1d8569881a8737212ac4c0f58dea5a26260fb","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25a-13","next":"us-nc/n.c.-gen.-stat.-25a-15"},"notice":"GroundRules: Original legal text. Not legal advice."}