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Iowa Code Title XIII. Commerce [Chs. 505-554D] § 537.3210. Prohibited statements relating to rates

Current as of January 01, 2024 | Updated by Findlaw Staff

A creditor shall not state the rate of a finance charge to a consumer, in response to any inquiry, or in any advertisement, in the form of an add-on or discount rate, or in any form other than the rate calculated according to the actuarial method as a percent per year on the unpaid balances of the amount financed, or the annual percentage rate required to be disclosed under the Truth in Lending Act.  1

1 15 U.S.C.A. § 1601 et seq.
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Cite this article: FindLaw.com - Iowa Code Title XIII. Commerce [Chs. 505-554D] § 537.3210. Prohibited statements relating to rates - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiii-commerce-chs-505-554d/ia-code-sect-537-3210/

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