Printed notice clearly stating terms and conditions of a consumer loan or extension of credit. Lenders are required by the Truth in Lending Act to disclose key credit terms, such as the Annual Percentage Rate annual fee, Grace Period and other pertinent information when a new account is opened, and notify customers of any subsequent changes in credit terms.
Join the WikiAnswers Q&A community. Post a question or answer questions about "Adequate Notice" at WikiAnswers.
Copyrights:
 |
 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
Search for answers directly from your browser with the FREE Answers.com Toolbar!
Click here to download now. 
Get Answers your way! Check out all our free tools and products.
Mentioned In:
