Does anybody know if MBNA holds a PMSI (purchase money security interest) in goods purchased through Apple Loan financing? Many store credit cards - such as Best Buy, Circuit City, and Sears - do claim this kind of security interest in durable goods and electronics. They usually have an explicit (if extremely tiny and hard-to-understand) statement in their credit agreements that detail this. I cannot find any such statement in MBNA's credit agreement, and under Truth in Lending, they would have to disclose security interests, but I wonder if I am just missing something. PMSI is something most consumers do not even know exists. It is not like a regular security interest (car, house, etc.). It can occur when a creditor lends money specifically for the purchase of a particular item in a particular store. But MBNA's Apple Loans are also revolving credit lines, and they can be used at other merchants and accessed with cash advance checks, so I am not sure where they fall ... Thanks in advance.