17:3B-20. Deferred installments Deferred installments. A lender under a closed end credit agreement may, at any time, permit a borrower to defer installment payments on a loan and may, in connection with the deferral, charge and collect deferral charges in accordance with the loan agreement. L. 1985, c. 81, s. 17, eff. March 14, 1985.
New Jersey Legal Code