14 Guam Code Ann. § 2210
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unearned portion of the credit service charge shall be rebated to the buyer. If the earned portion of the credit service charge is an amount less than the amount of the minimum credit service charge (§ 2201(6)), the seller or transferee may retain an amount equal to the minimum credit service charge. If the required rebate is less than $1.00, no rebate need be made.
(2) The unearned credit service charge is a fraction of the credit service charge of which the numerator is the sum of the periodic balances scheduled to follow the computational period in which repayment occurs, and the denominator is the sum of all periodic balances under either the sale agreement or, if the balance owing resulted from a refinancing agreement (§ 2205) or a consolidation agreement (§ 2206), under the refinancing agreement or consolidation agreement.
(3) In this section:
(a) periodic balance means the amount scheduled to be outstanding on the last day of a computational period before deducting the payment, if any, scheduled to be made on that day;
(b) computational period means one (1) month if one-half (1/2) or more of the intervals between scheduled payments under the agreement is one month or more and shall otherwise mean one (1) week, except that the total interval prior to the due date of the first scheduled instalment shall always be considered one computational period.
(4) (a) If the computational period is one (1) month: (i) and the number of days between the date of sale, refinancing or consolidation (or any later date established under § 2201(3)) and the due date of the first scheduled installment is less than 25 days or more than 35 days but not more than 45 days, the unearned credit service charge shall be increased by an adjustment for each day by which the interval is less than 30 days and, at the option of the seller or his transferee, may be reduced by an adjustment for each day by which the interval is more than 30 days; the adjustment for each day shall be one-thirtieth (1/30th) of that part of the credit service charge earned in the computational period prior to the due date of the first scheduled installment assuming that period to be one month; (ii) and the interval between the date of the sale, refinancing or consolidation and the final scheduled payment date is a number of
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full months plus an additional number of days less than a full month, the additional number of days shall be considered a computational period only if 16 days or more.
(b) If the computational period is one (1) week: (i) and the number of days between the date of sale, refinancing or consolidation (or any later date established under Subsection (3) § 2201) and the due date of the first scheduled installment is less than five (5) days or more than nine (9) days but not more than eleven (11) days, the unearned credit service charge shall be increased by an adjustment for each day by which the interval is less than seven (7) days and, at the option of the seller or his transferee, may be reduced by an adjustment for each day by which the interval is more than seven (7) days; the adjustment for each day shall be one- seventh (1/7th) of that part of the credit service charge earned in the computational period prior to the due date of the first scheduled installment assuming that period to be one (1) month; (ii) and the interval between the date of the sale, refinancing or consolidation and the final scheduled payment date is a number of full weeks plus an additional number of days less than a full week, the additional number of days shall be considered a computational period only if four (4) days or more.
(5) If a deferral has been agreed to pursuant to § 2204, the unearned credit service charge shall be computed without regard to the deferment. The amount of deferment charge earned at the date of prepayment shall be calculated. If the deferment charge earned is less than the deferment charge paid, the difference shall be added to the amount of the unearned credit service charge. If any part of a deferment charge has been earned but has not been paid, that part shall be subtracted from any rebate of credit service charge otherwise due, or shall be added to the unpaid balance.
(6) This Section does not preclude the collection or retention by the seller or his transferee of delinquency charges made as authorized by § 2203.
(7) If the maturity is accelerated for any reason and judgment is obtained, the buyer is entitled to the same rebate as though payment were made on the date judgment is entered.
(8) If the buyer dies before the maturity of the agreement and the
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unpaid balance is paid by the proceeds of credit insurance on the life of the buyer, the estate of the buyer is entitled to the same rebate as though the buyer had prepaid the agreement on the date the proceeds of the credit insurance are paid to the creditor, but no later than ten (10) days after proof of death is furnished to the creditor.