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REVOLVING CREDIT PLANS

23 Pa. D. & C. 2d 136 (1960)

Revolving Credit Plans

Common Pleas Court of Philadelphia County, Pennsylvania.

December 6, 1960.

ANNE X. ALPERN, Attorney General and FREDERIC G. ANTON, Deputy Attorney General, December 6, 1960.

You request our opinion as to the legality of the revolving credit plan of retail merchandising in use by various retail sellers of merchandise in Pennsylvania. Specifically, you ask the following three questions:

1. Does the revolving credit plan of operation conducted by retail stores, in which the buyer is...

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