That is, it includes any credit arrangement that does not fall within the definition of open-end credit

That is, it includes any credit arrangement that does not fall within the definition of open-end credit 2. Service contracts. Service contracts include contracts for the repair or the servicing of goods, such as mechanical breakdown coverage, even if such a contract is characterized as insurance under state law. 3. Rebates. The creditor has complete …

That is, it includes any credit arrangement that does not fall within the definition of open-end credit Read More »