Reviewing small dollar consumer purpose loan ($500), with a finance charge of $7.15. APR on the note document says "N/A" which is something I have never seen before. I questioned loan staff about this, and they indicated that according to our loan documentation software provider, when the finance charge is minimal, the system will generate an "N/A" for the disclosed APR on the note document. Is this permissible? And if so, where in the regulation does it state this is allowed? Thanks!