How should a qualified lender present the disclosures to a borrower?

  1. Law
  2. CFR 12
  3. Banks and Banking
  4. Farm Credit Administration
  5. Farm Credit System
  6. Borrower Rights
  7. Disclosure of Effective Interest Rates
  8. How should a qualified lender present the disclosures to a borrower?

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§ 617.7120 How should a qualified lender present the disclosures to a borrower?

A qualified lender must:

(a) Disclose the effective interest rate and other information required by subparts B and C of this part clearly and conspicuously in writing, in a form that is easy to read and understand and that the borrower may keep; and

(b) Not combine the disclosures with any information not directly related to the information required by §§ 617.7130 and 617.7135.


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