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Ind. Code § 37-2-2-46.7

"Skip-a-payment service"

Indiana · Indiana Code Title 37 — Consumer Lending · Status: effective

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Ind. Code § 37-2-2-46.7, "Skip-a-payment service", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1689463
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Sec. 46.7. "Skip-a-payment service" means a service that: (1) in the case of a consumer credit sale: (A) is offered by a creditor to a consumer; and (B) permits the consumer to miss or skip a payment due under a consumer credit sale without resulting in default; and (2) in the case of a consumer loan: (A) is offered by a lender to a consumer; and (B) permits the consumer to miss or skip a payment due under a consumer loan without resulting in default.