12 C.F.R. § 617.7120   How should a qualified lender present the disclosures to a borrower?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 617—BORROWER RIGHTS
Subpart B—Disclosure of Effective Interest Rates

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§ 617.7120   How should a qualified lender present the disclosures to a borrower?

A qualified lender must:

(a) Disclose the effective interest rate and other information required by subparts B and C of this part clearly and conspicuously in writing, in a form that is easy to read and understand and that the borrower may keep; and

(b) Not combine the disclosures with any information not directly related to the information required by §§617.7130 and 617.7135.

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