“(IV) ‘The brand new collector must will let you repay your loan equilibrium within the about six substantially equal installments. This type of installments need to be owed for the otherwise immediately following a date for the you discover typical money other than around can be during the least thirteen weeks ranging from installments, plus the first cost beneath the package will never be due prior to your next shell out go out which is at the very least thirteen weeks pursuing the installment plan amendment is singed because of the you and the newest collector.’
“(V) ‘If you enter into an extended cost package right after which default by neglecting to meet your payment loans, the latest creditor can charge you an installment package payment to not exceed $ that will speed fee of the equilibrium leftover payday loans near me El Campo when the desired by the appropriate laws.’
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