Wis. Admin. Code Department of Financial Institutions DFI-SL 22.04
Current through August 26, 2024
Except as provided in s. DFI-SL 22.02(3), an association may offer a customer the option of paying the fee for a contract in a single payment, provided the association also offers the customer a bona fide option of paying the fee for that contract in monthly or other periodic payments. If the association offers the customer the option to finance the single payment by adding it to the amount the customer is borrowing, the association shall also disclose to the customer, in accordance with s. DFI-SL 22.05, whether and, if so, the time period during which, the customer may cancel the agreement and receive a refund.
Wis. Admin. Code Department of Financial Institutions DFI-SL 22.04