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#37286 - 10/16/02 02:43 PM APR and Credit Bureau Fees?
D2Xs Offline
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D2Xs
Joined: Jan 2002
Posts: 2,706
My brain thinks it is Friday!!!

Does a Credit Bureau fee paid by the borrower affect the APR and one that is P.O.C./Lender not?
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#37287 - 10/16/02 02:46 PM Re: APR and Credit Bureau Fees?
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,951
Bloomington, IN
The CB fee is not part of the finance charge if the loan is secured by real estate. 226.4(c)(7)(iii)
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The opinions expressed are mine and they are not to be taken as legal advice.

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#37288 - 10/16/02 03:02 PM Re: APR and Credit Bureau Fees?
D2Xs Offline
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D2Xs
Joined: Jan 2002
Posts: 2,706
Thanks that is what I was looking for...
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