Illinois Compiled Statutes
815 ILCS 405/28 (2026)
The finance charge on any retail charge agreement shall be no more than the maximum rate permissible under the Predatory Loan Prevention Act
✓ current as of May 2026
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(815 ILCS 405/28)
(from Ch. 121 1/2, par. 528)
Sec. 28.
The finance charge on any retail charge agreement shall be no more than the maximum rate permissible under the Predatory Loan Prevention Act.
(Source: P.A. 101-658, eff. 3-23-21.)
Notes of Decisions
Cited in 2
cases, 2001–2001 · leading case: Rubino v. Circuit City Stores, Inc., 758 N.E.2d 1 (Ill. App. Ct. 2001).
Rubino v. Circuit City Stores, Inc., 758 N.E.2d 1 (Ill. App. Ct. 2001). “The credit qualifying questions, which plaintiff's complaint alleges Circuit City's sales associate asked plaintiff, were limited to those permitted by the Federal Equal Credit Opportunity Act.”
Rubino v. Circuit City Stores, Inc. Modification of Feb. 9, 2001, opinion upon denial of rehearing (Ill. App. Ct. 2001). “The credit qualifying questions, which plaintiff's complaint alleges Circuit City's sales associate asked plaintiff, were limited to those permitted by the Federal Equal Credit Opportunity Act. Accordingly, the circuit court's dismissal of count XIII was not error.”
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