financing terms are offered, and where the sale of additional products such as extended warranties, credit insurance, guaranteed asset protection (GAP) insurance, vehicle service contracts, and the like are sold. The same level of easily accessible information does not exist for financing options as it does for vehicle price information.
CFPB AUTO LOAN SHOPPING SHEET Comparing auto loans Consumer Financial Protection Bureau Determine your upfront costs Example Choice 1 Choice 2 A. Price of the vehicle $20,000 B. Additional features, services or add-ons These are optional and will increase the total cost
Vehicle May Be Delivered To: Between the hours of: Date of Loan: Monthly Rate of Interest: % The dollar amount the credit will cost Your payment schedule will be: FINANCE CHARGE you. $ Amount Financed The amount of credit provided to you or on your behalf. $ Total of Payments The amount you will have paid after you have made all payments as
FINANCING VEHICLES AND THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE This chapter contains descriptions of, and data on, financing vehicles and ... financing vehicle for the FSLIC Resolution Fund ...
Buyer is/is not (circle one) obtaining financing for any portion of the purchase price of the property from a third party, such as a bank. Buyer must notify Owner of the amount of financing obtained from any third party and provide the name and contact information of the third party within 30 days of obtaining such financing.
financing process should not be based on the interest rate or other financing terms, and should be consistently applied to all transactions. Amend the Equal Credit Opportunity Act (ECOA) regulations (Regulation B) to enable and require the collection and analysis of race and ethnicity data for auto financing transactions.
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