110 ILCS 992/5-55

Current through Public Act 103-1052
Section 110 ILCS 992/5-55 - Payoff statements

A servicer shall indicate on its website that a borrower may request a payoff statement. A servicer shall provide the payoff statement within 10 days, including information the requester needs to pay off the loan. If a payoff is made, the servicer must send a paid-in-full notice within 30 days.

110 ILCS 992/5-55

Added by P.A. 100-0540,§ 5-55, eff. 12/31/2018.