Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In 14 Guam Code Ann. § 3103

  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
e following definitions apply to this Act and appear in this
Chapter as follows:

Business collateral § 3105
Consumer loan § 3104

Lender § 3107(1)

COL120106
14 Guam Code Ann. UNIFORM CONSUMER CREDIT CODE
CH. 3 LOANS

Loan § 3106

Loan finance charge § 3110
Precomputed loan § 3107(2) Premium finance loan § 3107(3) Principal § 3107(4) Regulated loan § 3501
Revolving loan account § 3108