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P-40.1 - Consumer Protection Act
Section 214.25
Disposition versions
214.25. The merchant must provide to the consumer, within 45 days after entering into the contract, a summary document containing or stating
(a) a list of the creditors who have accepted or refused the proposal;
(b) the total amount of the payments the merchant must make to each creditor;
(c) the amount of the charges and fees the merchant intends to collect from the consumer; and
(d) the amount, total number and frequency of the payments to be made by the consumer to the merchant and the dates on which they must be made.
Such a document must, subsequently and until the contract ends, be provided to the consumer every 60 days.
