Section 414. Penalties

1.  Any  person  who  shall  wilfully violate any
  provision of this article shall be guilty  of  a  misdemeanor  and  upon
  conviction  shall  be  punished  by  a  fine  not exceeding five hundred
  dollars.
    2. In case of failure by any person to comply with the  provisions  of
  this article, the buyer shall have the right to recover from such person
  an  amount  equal to the credit service charge or service charge imposed
  and the amount of any delinquency, collection,  extension,  deferral  or
  refinance charge imposed.
    3.  Notwithstanding  the  provisions  of  this section, any failure to
  comply with any provision of this article may be  corrected  within  ten
  days  after  the holder is notified thereof in writing by the buyer and,
  if so corrected, neither the seller nor the holder shall be  subject  to
  any penalty under this section.
    4. Subdivision three of this section shall not apply to any person who
  wilfully  violates  any provision of this article in connection with the
  imposition, computation or  disclosures  of  or  relating  to  a  credit
  service  charge  on  a  consolidated  total  of two or more contracts or
  obligations under the provisions of section four hundred  ten,  and  the
  buyer may recover from such person an amount equal to the credit service
  charges   and   any  delinquency,  collection,  extension,  deferral  or
  refinance charges imposed, contracted for or received on  all  contracts
  and  obligations included in the consolidated total and the seller shall
  be barred from the recovery of any such charges.
    5. Subdivisions one and three of this section shall not apply  to  any
  person  who  violates subdivision two-a of section four hundred three of
  this article.