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#169378 - 03/15/04 04:08 PM Advertising Commercial Loans
Anonymous
Unregistered

Is there any requirement to advertise a rate as an APR for a business credit loan?

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Lending Compliance
#169379 - 03/15/04 04:46 PM Re: Advertising Commercial Loans
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
No - the APR comes from Reg Z, and since it's an ad for a commercial loan, Reg Z doesn't apply.
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