815 ILCS 405/2.10

815 ILCS 405/2.10
in effect
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(815 ILCS 405/2.10) (from Ch. 121 1/2, par. 502.10) Sec. 2.10. "Amount financed" means the cash sale price of the goods or services which are the subject matter of a retail installment contract plus all other charges individually itemized, which are included in the amount financed but which are not a part of the finance charge minus the amount of the buyer's down payment in money or goods. (Source: P.A. 76-1780.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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