Featured

When the APR Misses the Mark: Navigating TILA Reimbursements Beyond the Tolerance

Truth in Lending Act (TILA) APR accuracy rules are often discussed in terms of tolerances. Regulation Z provides a margin for error, generally 1/8 of 1 percent for regular transactions and a wider tolerance for certain irregular transactions. Those tolerances are important, and they serve a real purpose. But tolerances are not...

When the APR Misses the Mark: Navigating TILA Reimbursements Beyond the Tolerance

The Latest From Carleton

Resource Type