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§ 6353. Willful violations regarding finance charges

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: December 1, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part V. Consumer Credit (Refs & Annos)
Chapter 63. Goods and Services Installment Sales (Refs & Annos)
Subchapter E. Enforcement and Penalties
Effective: December 1, 2014
12 Pa.C.S.A. § 6353
§ 6353. Willful violations regarding finance charges
Currentness
(a) Penalty.--If a seller or holder willfully violates a provision of this chapter regarding the imposition, computation or disclosure of a finance charge on a consolidated total of two or more agreements under section 6329 (relating to add-on sales), the buyer may recover from the seller or holder an amount equal to three times the total of the following, which have been actually paid by the buyer:
(1) Refinance charges under section 6327 (relating to refinancing).
(2) Late fees under section 6343 (relating to late fees).
(3) Costs of collection under section 6344 (relating to costs of collection).
(4) Finance charges under section 6345 (relating to finance charges).
(5) Extension and deferment charges under section 6347 (relating to extension and deferment).
(6) Interest after maturity under section 6348 (relating to interest rate after maturity).
(b) Bar to recovery.--If a violation has occurred under this section, the seller or holder is barred from the recovery of the costs and charges under subsection (a).

Credits

2013, Nov. 27, P.L. 1081, No. 98, § 4, effective in one year [Dec. 1, 2014].
12 Pa.C.S.A. § 6353, PA ST 12 Pa.C.S.A. § 6353
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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