Section 029-142-III - DEFINITIONSFor purposes of this rule, the following terms have the following meanings:
A. "Reasonable cost of originating the loan" means the identified direct and indirect costs of originating the loan.B. "Consumer" has the same meaning as in 9-A M.R.S.A. §1-301(10).C. "Consumer loan" has the same meaning as in 9-A M.R.S.A. §1-301(14), excluding a high-rate, high-fee mortgage as defined in 9-A M.R.S.A. §8-103(l) (F-1).D. "Prepayment charge" means a fee that is assessed to a consumer if the consumer repays a consumer loan in full, through refinancing or otherwise, prior to the end of the contractual term of the loan, and in the case of open-end credit plans, the consumer repays the balance to zero and terminates the open-end credit plan prior to the contractual termination date of the open-end credit plan.E. "Supervised financial organization" has the same meaning as in 9-A M.R.S.A. §1-301(38-A).02-029 C.M.R. ch. 142, § III