American Home Improvement, Inc. v. MacIver

RSA 399-B:2 (supp) as enacted by Laws 1961, 245:7 provides as follows: “Statement required. Any person engaged in the business of extending credit shall furnish to each person to whom such credit is extended, concurrently with the consummation of the transaction or agreement to extend credit, a clear statement in writing setting forth the finance charges, expressed in dollars, rate of interest, or monthly rate of charge, or a combination thereof, to be borne by such person in connection with such extension of credit as originally scheduled.” Credit is defined broadly in the act and includes…