Section 24-5-15-3 - "Extension of credit" defined As used in this chapter, "extension of credit" means the right to:
(1) defer payment of debt offered or granted primarily for personal, family, or household purposes;(2) incur debt and defer payment of the debt offered or granted primarily for personal, family, or household purposes; or(3) delay or avoid foreclosure on a buyer's residence.As added by P.L. 142-1990, SEC.1. Amended by P.L. 171-2006, SEC.2.