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#1832351 - 07/12/13 12:52 PM Calculating APR
ComplyWithMeToo Offline
100 Club
Joined: Feb 2007
Posts: 225
When calculating an APR for an advertisment are we required to use a 12 month term for the calculation or should you use a term that you offer - example 48 mos? As we know the longer the term the less the APR.

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Marketing
#1832508 - 07/12/13 04:32 PM Re: Calculating APR ComplyWithMeToo
Richard Insley Offline
10K Club
Richard Insley
Joined: Oct 2000
Posts: 10,231
Toano, VA
(Discussion moved to duplicate thread posted in the Lending Compliance forum.)
Last edited by Richard Insley; 07/12/13 04:55 PM.
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