TRUTH IN LENDING DISCLOSURES Clause Samples

The Truth-in-Lending Disclosures clause requires lenders to provide borrowers with clear and standardized information about the terms and costs of a loan. This typically includes details such as the annual percentage rate (APR), total finance charges, payment schedule, and the total amount to be repaid over the life of the loan. By mandating these disclosures, the clause ensures that borrowers can easily compare loan offers and fully understand their financial obligations, thereby promoting transparency and protecting consumers from hidden fees or misleading lending practices.
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TRUTH IN LENDING DISCLOSURES. Prior to entering into any Purchase Contract for the sale of any Home for the applicable Project, Borrower shall have delivered to the purchaser all truth-in-lending and other required consumer disclosures, in compliance with law and in form and substance satisfactory to Lender.
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TRUTH IN LENDING DISCLOSURES. ANNUAL PERCENTAGE RATE The cost of your credit as a yearly rate. 21.898 % FINANCE CHARGE The dollar amount the credit will cost you. $ 6,622.30 AMOUNT FINANCED The amount of credit provided to you or on your behalf. $ 12,441.70 TOTAL OF PAYMENTS The amount you will have paid when you have made all scheduled payments. $ 20,264.00 TOTAL SALE PRICE The total cost of your purchase on credit, including your down payment of $ 1,600.00 $ 20,664.00 Number of Payments Amount of Payments When Payments Are Due
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TRUTH IN LENDING DISCLOSURES. Interest Rate and Interest Charges Fees
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TRUTH IN LENDING DISCLOSURES. Fees Cash Advance Fee For each Cash Advance requested If you pay us Bi-weekly or Semi- Monthly, your Cash Advance Fee will be: If you pay us Monthly, your Cash Advance Fee will be: 5% 10% of the Cash Advance requested Minimum Charge If your “Principal Balance on Which Minimum Charge is Calculated” appearing on your periodic statement at the end of the Billing Cycle is: If you pay us Bi-weekly or Semi-Monthly, your Minimum Charge will be: If you pay us Monthly, your Minimum Charge will be: How We Will Calculate Your Balance: Your Principal Balance on Which Minimum Charge is Calculated for a Billing Cycle is determined by taking the outstanding Principal Balance you owed at the end of the previous Billing Cycle and subtracting any principal payments received during the present Billing Cycle. See Section VI of this Agreement for more details.
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TRUTH IN LENDING DISCLOSURES. ANNUAL PERCENTAGE RATE. The cost of your credit as a yearly rate. % FINANCE CHARGE. The dollar amount the credit will cost you. $ e Amount Financed. The amount of credit provided to you or on your behalf. $ e Total of Payments. The amount you will have paid after you have made all payments as scheduled. $ e Your payment schedule will be: Number of Payment(s) Amount of Payment(s) When Payment(s) Is(Are) Due Monthly beginning Monthly beginning
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TRUTH IN LENDING DISCLOSURES. The amounts disclosed as “FINANCE CHARGE” and “TOTAL OF PAYMENTS” on the first page of this Contract have been computed on the assumption that all payments will be received on the exact scheduled due dates. If payments are made early, these amounts will decrease. Payments made after the due dates will increase these amounts. The amount of any increase or decrease will be reflected in the amount of the final payment, or may increase or reduce the number of payments necessary to pay the Contract in full. If You pay the loan in full or in part early, You will not be charged a penalty for such prepayment.
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TRUTH IN LENDING DISCLOSURES. ANNUAL PERCENTAGE RATE The cost of Buyer’s credit as a yearly rate. 19.938 % FINANCE CHARGE The dollar amount the credit will cost Buyer. $ 6,883.14 AMOUNT FINANCED The amount of credit provided to Buyer or on Buyer’s behalf. $ 13,892.94 TOTAL OF PAYMENTS The amount Buyer will have paid when Buyer has made all scheduled payments. $ 20,776.08 TOTAL SALE PRICE The total cost of Buyer’s purchase on credit, including Buyer’s down payment of $ 2,700.00 $ 23,476.08 Number of Payments Amount of Payments When Payments Are Due 104 199.77 Bi-Weekly beginning 9/24/2021
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TRUTH IN LENDING DISCLOSURES. ANNUAL PERCENTAGE RATE. The cost of your credit as a yearly rate. % FINANCE CHARGE. The dollar amount the credit will cost you. $ Amount Financed. The amount of credit provided to you or on your behalf. $ Total of Payments. The amount you will have paid after you have made all payments as scheduled. $ Your payment schedule will be: Number of Payments Amount of Payments When Payments Are Due $ Monthly beginning N/A N/A N/A N/A
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Related to TRUTH IN LENDING DISCLOSURES

  • State Law Disclosures CA Residents: Interest is compounded on unpaid Interest Charges on Purchases, Cash Advances and Balance Transfers. MD Residents: You have the right under Section 12-510 of the Commercial Law Code to receive an answer to a written inquiry concerning the status of your Account. NJ Residents: Because certain provisions of this Agreement are subject to applicable laws, they may be void, unenforceable or inapplicable in some jurisdictions. None of these provisions, however, is void, unenforceable or inapplicable in New Jersey.

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  • Securities Act Updating Disclosure If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool. Depositor If there are any new servicers or originators required to be disclosed under Regulation AB as a result of the foregoing, provide the information called for in Items 1108 and 1110 respectively. Depositor

  • ADV Disclosure The Adviser has provided the Trust with a copy of its Form ADV as most recently filed with the Commission and will, promptly after filing any amendment to its Form ADV with the Commission, furnish a copy of such amendments to the Trust. The information contained in the Adviser’s Form ADV is accurate and complete in all material respects and does not omit to state any material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading.

  • Data Disclosure Under Minnesota Statute § 270C.65, Subdivision 3 and other applicable law, the Contractor consents to disclosure of its social security number, federal employer tax identification number, and/or Minnesota tax identification number, already provided to the State, to federal and state agencies and state personnel involved in the payment of state obligations. These identification numbers may be used in the enforcement of federal and state laws which could result in action requiring the Contractor to file state tax returns, pay delinquent state tax liabilities, if any, or pay other state liabilities.