Illinois Compiled Statutes 815 ILCS 130 — Revolving Charge Billing Act.

Short title

Short title. This Act may be cited as the Revolving Charge Billing Act. (Source: P.A. 86-1324.)

Any bill, memorandum or other statement of account sent to a retail customer who has made a purchase under a revolving charge account where the consideration may be paid either in gross or in a series of monthly installments must set out side by side and with equal prominence both the amount of the total balance owing…

If a bill, memorandum or other statement of account does not comply with Section 1, no interest, service charge, carrying charge or any amount other than the cash price, or balance thereof, for the goods or services giving rise to the account may be charged to or collected from the customer. (Source: Laws 1967, p. 2173…