Illinois § 7-90

Full text of Illinois Illinois Compiled Statutes § 7-90, with citation guidance and answers to common questions.

§ 7-90.

Receipts; statements of account; evidence of payment. (a) The EISA provider shall deliver or mail to the consumer, without request, a written receipt for each payment made pursuant to an EISA. A periodic statement showing a payment received by mail complies with this subsection (a). (b) An EISA provider shall provide a written payment history to a borrower upon request at no cost within 21 calendar days of receiving the request. (c) An EISA provider shall indicate on its website that a borrower may request a payoff statement. An EISA provider shall provide the payoff statement within 10 days, including information the requester needs to pay off the loan. If a payoff is made, the EISA provider must send a paid-in-full notice within 30 days. (Source: P.A. 104-383, eff. 8-15-25.)

Frequently Asked Questions About Illinois § 7-90

What does Illinois Compiled Statutes § 7-90 cover?

Section 7-90 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Illinois § 7-90?

A common citation format is "Illinois Compiled Statutes § 7-90" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Illinois law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.

How does Illinois § 7-90 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.