Section 305.4. Waiver of rights


Latest version.
  • A waiver of this chapter by a borrower prior to or at the time of entering into an agreement with a loan broker is contrary to public policy and is void. An attempt by a loan broker to have a borrower waive his rights under this chapter shall be deemed to be fraudulent conduct under section 201-2(4)(xvii) of the Unfair Trade Practices and Consumer Protection Law (73 P. S. § 201-2(4)(xvii)).