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#38955 - 10/25/02 01:31 PM Reg Z errors

If a TIL is understated $200 making the FC and APR out of tolerance, but is not re-imbursable based on the OCC calculation, what must we do?

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#38956 - 10/25/02 02:33 PM Re: Reg Z errors
A D Virr Offline
Gold Star
Joined: Oct 2000
Posts: 398
Derry, NH
If APRWIN does not show a cure, then the APY and FC must be in tolerance for that transaction. The tolerance is 1/8 of 1% in a regular transaction.
Allan D. Virr, CRCM,CRP
Compliance Audit Solutions, LLC

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