(815 ILCS 405/3)
(from Ch. 121 1/2, par. 503)
(a) Every retail installment contract must be in writing, dated,
signed by both the buyer and the seller, and, except as otherwise provided
in this Act, completed as to all essential provisions, before it is signed
by the buyer.
(b) The printed or typed portion of the contract, other than
instructions for completion, must be in size equal to at least 8-point
(c) The contract must contain printed or written in a size equal to at
least 10-point bold type:
(1) Both at the top of the contract and directly
above the space reserved for the signature of the buyer, the words "RETAIL INSTALLMENT CONTRACT";
(2) A notice as follows:
"Notice to the buyer.
1. Do not sign this agreement before you read it or
if it contains any blank spaces.
2. You are entitled to an exact copy of the agreement
3. Under the law you have the right, among others, to
pay in advance the full amount due and to obtain under certain conditions a partial refund of the finance charge.".
(Source: P.A. 100-863, eff. 8-14-18.)