) With respect to a consumer credit sale other than one pursuant to a revolving charge account, the parties may before or after default agree in writing to defer payment of all or part of one or more unpaid install- ments, and the seller or his transferee may make a charge not in excess of eighteen percent (18%) per year of the amount deferred for the period of deferment (and proportionally for parts of a month, counting each day as one-thirtieth (1/30) of a month). A deferral charge may be collected at the time it is assessed or at any time thereafter. If the deferral charge calculated pursuant to this subsection is less than $2, a deferral charge of
$2 may nevertheless be made.

(2) The seller or his transferee may, in addition to the deferral charge, make appropriate additional charges listed in § 2202, and the amount of these charges which is not paid in cash may be added to the amount deferred for the purpose of calculating the deferral charge.
(3) The parties may agree in writing at the time of a consumer credit sale or refinancing agreement that if an installment is not paid within ten

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10 days after its due date, the seller or his transferee may unilaterally grant a deferment and make charges as provided in this section. No deferral charge may be made for a period after the date that the seller or his transferee elects to accelerate the maturity of the agreement.
(4) No delinquency charge may be made or retained by the seller or his transferee for the period of deferral of any installment which is deferred pursuant to this section.
(5) The amounts of Two Dollars ($2.00) in subsection (1) are subject to change pursuant to the provisions on adjustment of dollar amounts (§ 1106).