Encyclopedia

Price of the service agreement for installment payment


The price of the service agreement for installment payment is the amount of money equal to the price of the installment item according to the contract providing for the user's acquisition of the installment item, which the user is obliged to pay to the installment service operator in connection with the operator's payment of the installment item's price by the installment service operator in accordance with the contract concluded by the user with the seller (performer, contractor, licensor (sub-licensor) and providing for the user's acquisition of the installment item1.

  1. Federal Law No. 283-FZ dated July 31, 2025 "On the provision of installment service". 2025, as amended on April 1, 2026, Article 2, paragraph 5. ↩

Laws with commentary

Codes and federal laws