Truth-in-Lending Statement Clause Samples

The Truth-in-Lending Statement is a disclosure clause that requires lenders to provide borrowers with clear and accurate information about the costs and terms of a loan. This typically includes details such as the annual percentage rate (APR), total finance charges, payment schedule, and the total amount to be repaid over the life of the loan. By mandating transparency, this clause ensures that borrowers can make informed decisions and compare loan offers, thereby protecting consumers from hidden fees and misleading lending practices.
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Truth-in-Lending Statement. Customer hereby acknowledges receipt of a Truth-in-Lending disclosure statement. Subject to the Committed Facility Agreement (unless such agreement has been terminated or the commitment therein has expired), interest will be charged on any debit balances in the Accounts in accordance with the methods described in such statement or in any amendment or revision thereto which may be provided to Customer. Any debit balance which is not paid at the close of an interest period will be added to the opening balance for the next interest period.
Truth-in-Lending Statement. The City Party shall provide to Participant a truth in lending disclosure statement substantially in the form attached hereto as Exhibit “D” for each NSP Loan concurrently with the City Party’s approval of the Final Loan Package for the NSP Loan.
Truth-in-Lending Statement. Customer hereby acknowledges receipt of a Truth-in-Lending disclosure statement. Interest will be charged on any debit balances in the Accounts in accordance with the methods described in such statement or in any amendment or revision thereto which may be provided to Customer. Any debit balance which is not paid at the close of an interest period will be added to the opening balance for the next interest period.
Truth-in-Lending Statement. Customer hereby acknowledges receipt of Scotia’s Truth-in-Lending disclosure statement. Interest will be charged on any debit balances in any accounts in accordance with the methods described in such statement or in any amendment or revision thereto that may be provided to Customer. Any debit balance that is not paid at the close of an interest period will be added to the opening balance for the next interest period. Customer acknowledges that this Truth-in-Lending statement shall also be deemed to be the Truth-in-lending disclosure statement of any other Scotia Entity that is a registered U.S. broker-dealer, but only to the extent any such Scotia Entity has not provided Customer with a separate Truth-in-Lending statement.
Truth-in-Lending Statement. If Buyer is purchasing using financing provided by Seller, following is information about cost of financing and the terms of the Note and Deed of Trust: Annual Percentage Rate - The annual interest rate including service fees %. Amount Financed – Consists of the cash price less the down payment. $ . Total of Payments – The total amount you will pay in monthly installments $ . Finance Charge – The total cost of interest and service fees $ . Total Sales Price – The total purchase price including finance charges $ .
Truth-in-Lending Statement. The undersigned acknowledges receipt of your pamphlet, entitled "To Our Customers," which sets forth the terms and conditions under which interest and service charges will be applied.

Related to Truth-in-Lending Statement

  • TRUTH IN LEASING The Lessor shall mail a copy of this Agreement for and on behalf of both Parties to: Flight Standards Technical Division, ▇.▇. ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, within twenty-four (24) hours of its execution, as provided by FAR 91.23(c)(1). Additionally, Lessor agrees to comply with the notification requirements of FAR Section 91.23 by notifying by telephone or in person the Rocky Mountain FAA Flight Standards District Office at least forty-eight (48) hours prior to the first flight under this Agreement. (a) LESSOR CERTIFIES THAT THE AIRCRAFT HAS BEEN INSPECTED AND MAINTAINED WITHIN THE 12-MONTH PERIOD PRECEDING THE DATE OF THIS AGREEMENT IN ACCORDANCE WITH THE PROVISIONS OF PART 91 OF THE FEDERAL AVIATION REGULATIONS AND THAT ALL APPLICABLE REQUIREMENTS FOR THE AIRCRAFT'S MAINTENANCE AND INSPECTION THEREUNDER HAVE BEEN MET AND ARE VALID FOR THE OPERATIONS TO BE CONDUCTED UNDER THIS AGREEMENT. (b) LESSOR, WHOSE ADDRESS APPEARS IN PARAGRAPH 13 ABOVE AND WHOSE AUTHORIZED SIGNATURE APPEARS BELOW, AGREES, CERTIFIES AND ACKNOWLEDGES THAT WHENEVER THE AIRCRAFT IS OPERATED UNDER THIS AGREEMENT, LESSOR SHALL BE KNOWN AS, CONSIDERED AND SHALL IN FACT BE THE OPERATOR OF THE AIRCRAFT AND THAT LESSOR UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. (c) THE PARTIES UNDERSTAND THAT AN EXPLANATION OF FACTORS AND PERTINENT FEDERAL AVIATION REGULATIONS BEARING ON OPERATIONAL CONTROL CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE.

  • Truth-In-Negotiation The Construction Manager certifies that the wage rates and other factual unit costs supporting the compensation are accurate, complete, and current at the time of execution of each Sub-Project of which this certificate is a part. The original price and any additions thereto shall be adjusted to exclude any significant sums by which the Owner determines the Sub-Project amount was increased due to inaccurate, incomplete, or non-current wage rates and other factual unit costs and that such original Sub-Project adjustments shall be made within one year following the end of the Agreement.

  • Credit Reporting; Gramm-Leach-Bliley Act (a) With respect to each Mortgage Loan, each Se▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇ully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and TransUnion Credit Information Company (three of the credit repositories), on a monthly basis. (b) Each Servicer shall comply with Title V of the Gramm-Leach-Bliley Act of 1999 and all applicable regulations promulgat▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇ating to the Mortgage Loans required to be serviced by it and the related borrowers and shall provide all required notices thereunder.

  • Credit Reports You agree that we may obtain consumer credit reports from one or more credit reporting agencies or others in connection with opening or maintaining the Account, increasing the Credit Limit under the Account, or making any extension of credit to you under the Account. We may also ask you for additional information in connection with the Account and request credit reports to verify your current credit standing. You agree that we may release information to others, such as credit reporting agencies, regarding the status and history of the Account. However, we are not obligated to release any such information unless required by law.

  • Predatory Lending Regulations No Mortgage Loan is a High Cost Loan or Covered Loan, as applicable, and no Mortgage Loan originated on or after October 1, 2002 through March 6, 2003 is governed by the Georgia Fair Lending Act. No Mortgage Loan is covered by the Home Ownership and Equity Protection Act of 1994 and no Mortgage Loan is in violation of any comparable state or local law;