) With respect to a consumer loan made pursuant to a revolving loan account, an authorized lender may contract for and receive a loan finance charge not in excess of that permitted in this Section.
(2) A charge may be made in each billing cycle which is a percentage of an amount no greater than:

(a) the average daily balance of the debt;
(b) the unpaid balance of the debt on approximately the same day of the billing cycle; or
(c) the median amount within a specified range within which the daily average balance or the unpaid balance of the debt, on ap- proximately the same day of the billing cycle, is included. A charge may be made pursuant to this Paragraph only if the same percentage is applied to all balances within the specified range and if the charge calculated on the median amount pursuant to this Paragraph is no more than eight percent (8%) greater than the charge that would have been calculated on the actual unpaid balance pursuant to Para- graphs (a) and (b).

(3) If the billing cycle is monthly, the charge may not exceed two percent (2%) of that part of the amount pursuant to Subsection (2) which is Five Hundred Dollars ($500.00), or less, and one and one-half percent (12%) on that part of this amount which is more than Five Hundred Dollars ($500.00). If the billing cycle is not monthly, the maximum charge is that percentage which bears the same relation to the applicable monthly percentage as the number of days in the billing cycle bears to thirty (30). For the purposes of this Section, a variation of not more than four (4) days from month to month is “approximately the same day of the billing cycle.”

(4) If there is an unpaid balance on the date as of which the loan finance charge is applied and the loan finance charge pursuant to this Section is less than the minimum charge, a minimum charge not exceeding Seventy Cents ($.70) may be made if the billing cycle is monthly, or, if the billing cycle is not monthly, a minimum charge which bears the same relation to Seventy Cents ($.70) as the number of days in the billing cycle bears to thirty (30) may be made; provided, that no

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minimum charge may be made pursuant to this Section if the lender has made a charge for the same period as permitted by Paragraph (c) of Subsection (1) of § 3202 (additional charges).

(5) The amounts of Seventy Cents ($.70) in Subsection (4) are subject to change pursuant to the provisions on adjustment of dollar amounts (§ 1106).