As used in this chapter, 'extension of credit' means the right to:(1) defer payment of debt offered or granted primarily for personal, family, or household purposes;(2) incur debt and defer payment of the debt offered or granted primarily for personal, family, or household purposes; or(3) delay or avoid foreclosure on a buyer's residence.As added by P.L.142-1990, SEC.1. Amended by P.L.171-2006, SEC.2.
Indiana Legal Code