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22-08-2022
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The final apr disclosed for a regular transaction must be within the allowable tolerance of?

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ashly1804 ashly1804

22-08-2022

Answer:

That section incorporates the statutory APR tolerances of 1/8 of 1 percent for regular transactions and ¼ of 1 percent for irregular transactions. Under the statutory tolerances, the disclosed APR is deemed to be accurate if it is above or below the actual APR by no more than the applicable percentage.

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