"Precomputed"

Ind. Code § 37-2-4-3, under Loans.

Ind. Code § 37-2-4-3

Sec. 3. A loan, refinancing, or consolidation is considered precomputed if the debt is expressed as a sum comprising the principal and the amount of the loan finance charge computed in advance. [Pre-2026 Revision Citation: 24-4.5-3-107(2).] As added by P.L.115-2026, SEC.97.