Early Repayment of Finance in the Saudi Finance Companies Control Law
السداد المبكر للتمويل — نظام مراقبة شركات التمويل
The finance company's duty to disclose to the client before contracting the early repayment discount formula, and to apply it when early repayment is agreed or required by contract, law or court; and the Regulations setting its standards so as to achieve fairness between the parties.
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Other topics in the Saudi Finance Companies Control Law
Definitions and Scope of the Finance LawLicensing Finance CompaniesTypes of Finance ActivityProhibitions on Finance CompaniesBoard of Directors of a Finance CompanyFinancial Solvency of Finance CompaniesFinance Consumer ProtectionSupervising Finance CompaniesFinance Company Violations and PenaltiesDelay in Repaying FinanceGrievances and Finance Disputes