Schedule 3 PROVISIONS RELATING TO DISCLOSURE OF THE TOTAL CHARGE FOR CREDIT AND THE APR
Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:
- 1Use of representative information in calculation of the total charge for credit and the APR
- 2Permissible tolerances in disclosure of the APR
- 3Tolerance where repayments are nearly equal
- 4Tolerance where interval between relevant date and first repayment is greater than interval between repayments
- 5Tolerance where Consumer credit tables do not exactly apply
- 6Tolerance where period rate of charge is charged