Regulated loan definition

Regulated loan means a loan made by a licensee acting under the terms of the Iowa regulated loan Act. A regulated loan qualifies as a consumer loan subject to the Iowa Consumer Credit Code if the borrower is a person other than an organization; the debt is incurred for personal, family, or household use; and the amount financed is below the statutory threshold.
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Regulated loan means a loan made by a creditor regularly engaged in the business of making loans in which the debt is payable in installments or a finance charge is made.” (Ibid. [38])
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Regulated loan means a loan made by a creditor regularly engaged in the business of making loans in which the debt is payable in installments or a finance charge is made. A "regulated loan" does not include a sale in which the seller allows the buyer to purchase pursuant to a seller credit card.
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Examples of Regulated loan in a sentence

  • The annual license fees are: Regulated loan license Receivables < $100,000 $100Receivables > $100,001 $200Pawnshop license $100 These fees were established in 1967 and 1971 and have never been amended since those dates.

  • Regulated loan, pawnshop, and pawnshop employee license applications are processed and the respective licenses are issued by this section.


More Definitions of Regulated loan

Regulated loan means any loan or extension of credit made under § 6.2-312, Chapter 15
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Regulated loan means a consumer loan made pursuant to a revolving loan account; or
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Related to Regulated loan

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Regulated NSR pollutant means the following:

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Regulated party means a producer or importer of any amount

  • Covered Loan A Mortgage Loan categorized as Covered pursuant to Appendix E of Standard & Poor's Glossary.

  • Regulated substance means any substance, material or waste the use, generation, handling, storage, treatment or disposal of which is regulated by any local or state government authority, including any of the same designated by any authority as hazardous, genetic, cloning, fetal, or embryonic.

  • Supervised loan means a consumer loan, including a loan made pursuant to a revolving credit account, in which the rate of the finance charge exceeds twelve percent per year as determined according to the provisions on finance charges contained in section 5-2-201.