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#1670520 - 02/28/12 04:04 PM Overdraft Protection
Denovo Co Offline
Gold Star
Joined: Jan 2005
Posts: 375
NM
We are finally getting around to offering an overdraft protection product. I am trying to set up the account opening disclosures and need to know how to correctly disclose the APR? Our rate is 18% but we charge a $25 one time set up fee. Does this fee get factored into the disclosed APR?

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Lending Compliance
#1670889 - 02/29/12 03:05 AM Re: Overdraft Protection Denovo Co
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Have you looked at the model account opening disclosure, such as Model G-17A?
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