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. Timely articles from our Research Department regarding issues and subjects in our industry that are of interest to our clients. We present these articles periodically as part of Carleton’s “of Interest” newsletter. The topics represent issues that have sparked debate and discussion among our clients. One important goal of Carleton’s Research Department is to publish timely and insightful information that can aid our customers in making informed, accurate decisions. Please browse our selected articles and let us know if there are any subjects you would like us to tackle. Your feedback is valued and appreciated. The Cost of Personal Borrowing in the United States subscription service summarizes over 400 different lending statutes and regulations. We monitor state and federal changes to ensure our software is always in compliance. Carleton's $3 Million Compliance Warranty

Carleton is so confident in the capabilities of SmartPC and SmartNet software that we now offer an industry exclusive $3 Million Compliance Warranty.

The Research Department oversees the quality assurance program to test all of Carleton's software. The Research Department also provides transaction analysis and validation on a consulting basis for credit transactions along with any computed credit insurance premiums. Analysis is available for consumer credit usury, credit insurance premium and refund computations, APR disclosures, interest posting, delinquency charge and other credit computations. See our CCIA slide presentation comparing Single Premium and MOB. The Carleton Calculation Module assists Student Lenders in tracking the amount be reported to borrowers as the total yield (OID + QSI) in Box 1 on form 1098E according to the IRS regulations.