(775 ILCS 5/4-101) (from Ch. 68, par. 4-101)
    Sec. 4-101. Definitions. The following definitions are applicable strictly in the context of this Article:
    (A) Credit Card. "Credit card" has the meaning set forth in Section 17-0.5 of the Criminal Code of 2012.
    (B) Financial Institution. "Financial institution" means any bank, credit union, insurance company, mortgage banking company or savings and loan association which operates or has a place of business in this State.
    (C) Loan. "Loan" includes, but is not limited to, the providing of funds, for consideration, which are sought for: (1) the purpose of purchasing, constructing, improving, repairing, or maintaining a housing accommodation as that term is defined in paragraph (C) of Section 3-101; or (2) any commercial or industrial purposes.
    (D) Varying Terms. "Varying the terms of a loan" includes, but is not limited to, the following practices:
        (1) Requiring a greater down payment than is usual for the particular type of a loan
    
involved.
        (2) Requiring a shorter period of amortization than is usual for the particular type of
    
loan involved.
        (3) Charging a higher interest rate than is usual for the particular type of loan
    
involved.
        (4) An under appraisal of real estate or other item of property offered as security.
(Source: P.A. 96-1551, eff. 7-1-11; 97-1150, eff. 1-25-13.)