(a) General rule.-- Notwithstanding the provisions of this chapter and subject to subsection (b), a seller or holder may correct a failure to comply with a provision of this chapter in accordance with this section unless a willful violation has occurred. (b) Concurrence by buyer.-- A correction that will increase the amount owed by the buyer or the amount of a payment is not permitted unless the buyer concurs in writing with the correction. (c) No liability.-- If a seller or holder corrects a violation in accordance with this section, the seller and holder are not subject to penalty under this subchapter. (d) Delivery.-- Within 30 days of the execution of the original closed-end credit agreement or open-end credit agreement by the buyer, a correction may be delivered to the buyer in the form of a corrected copy of the agreement. (e) Credit.-- An amount improperly collected from the buyer shall be: (1) credited against the indebtedness evidenced by the agreement; or (2) refunded to the buyer if the debt has already been satisfied.
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