Finance charge

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In United States law, a finance charge is any fee representing the cost of credit, or the cost of borrowing. It includes not only interest but other charges as well, such as transaction fees. Details regarding the federal definition of finance charge are found in the Truth-in-Lending Act and Regulation Z, promulgated by the Federal Reserve Board.

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Categories: Economics and finance stubs | Law stubs | Banking | Personal finance | Retail financial services | United States law

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• This page was last modified 21:26, 26 March 2007 by Wikipedia user Xchbla423. Based on work by Wikipedia user(s) Ronlbuckley, Ars Scriptor, Deville, RussBot, CanisRufus, Feco, PullUpYourSocks, Bryan Derksen and Siroxo and Anonymous user(s) of Wikipedia.
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