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815 ILCS 405/2.10

Known as the Retail Installment Sales Act

The act spans §§ 815-405-1 to 815-405-9 (60 sections).

P.A. 76-1780.

"Amount financed" means the cash sale price of the goods or services which are the subject matter of a retail installment contract plus all other charges individually itemized, which are included in the amount financed but which are not a part of the finance charge minus the amount of the buyer's down payment in money or goods.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.