(a) A person commits an offense if the person contracts for, charges, or receives interest on a transaction for personal, family, or household use that is greater than twice the amount authorized by this subtitle.
(b) An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.
(c) Each contract or transaction that violates this section is a separate offense.
(d) This section applies only to a contract or transaction subject to this subtitle.