Payment Schedule + Fed Box

Posted By: NoJustNo

Payment Schedule + Fed Box - 09/30/20 08:34 PM

I know one of you can find this faster than me... citation for a consumer loan needing the payment schedule in the fed box? I am not finding it in 17(a)(1) .... and my head hurts!
Posted By: rlcarey

Re: Payment Schedule + Fed Box - 09/30/20 08:45 PM

.17(a)(1) The following disclosures may be made together with or separately from other required disclosures: the creditor's identity under § 1026.18(a), the variable rate example under § 1026.18(f)(1)(iv), insurance or debt cancellation under § 1026.18(n), and certain security interest charges under § 1026.18(o). The itemization of the amount financed under § 1026.18(c)(1) must be separate from the other disclosures under § 1026.18, except for private education loan disclosures made in compliance with § 1026.47.

The payment schedule is .18(g) so by default it cannot be made separately.