The consumer credit math inherent in lending calculations can perplex even the keenest computer programmers when they haven't been exposed to its controlling concepts and background. The 50 state consumer credit laws and regulations are a dissimilar patchwork of varying scope, level of detail, and inconsistent interpretation.  The mission of the Carleton Research Department is to bring insight into bridging these two areas in order to produce accurate lending calculations that are always in compliance.

The Carleton Research Department is an integral part of the after-sale support of any Carleton product or service. When questions arise about how specific amounts are calculated, the concept behind credit insurance coverage, refund amounts, or any other lending calculation or disclosure, the Research Department will assist with verbal, written, and/or graphic explanations and illustrations.

Carleton served on the FRB's Advisory Board during the creation of Regulation Z so we understand Truth-in-Lending. Our calculation expertise is valued enough that a dozen state credit administrators use custom software we designed for their examinations. When it comes to credit insurance premium and refund calculations, nobody has more experience and expertise than our Research Department.

We try to share the knowledge we have accumulated through "white paper" type reports on subjects like time counting calendars, payment calculations, APR calculations, credit insurance premium calculations with balloon payment loans, and a host of other topics. Our goal is to promote better understanding of the industry in which we work through the sharing of information.