I'm sure this question has been asked before but does the credit report fee affect APR? Reading the definition of a finance charge is kind of confusing ha!

Thanks for the help

Is this for a RMT? If so, then no it should not be included:

§1026.4(c)(7)(iii)
2. The following fees in a transaction secured by real property or in a residential mortgage transaction, if the fees are bona fide and reasonable in amount:
iii. Notary and credit-report fees.


Yes... finance charge can definitely be confusing.

Not for a particular transaction, just in general but I guess the transaction type matters.

As Darth provided the regulatory cite credit report fees are excluded from the finance charge for loans secured by real property or a residential mortgage transaction (RMT). A RMT is defined in Reg. Z 1026.2(a)(24).

A credit report fee for loans not secured by real property or a RMT would be a finance charge. See Reg. Z 1026.4(b)(4).

Reg. Z is loaded with exceptions to general rules. The applicable standard should be ascertained on a case by case basis.