Connecticut General Statutes 36a-746g – Refund or credit of charges
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The lender and any assignee of the lender shall have the obligation, jointly and severally, to refund or credit the borrower for any default charges or prepaid finance charges collected in excess of the limits set forth in sections 36a-746c and 36a-746e.
Terms Used In Connecticut General Statutes 36a-746g
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.