amount financed
Defined in 1 place of the United States Code.
Descriptive explanations of the terms “amount financed”, “finance charge”, “annual percentage rate”, “total of payments”, and “total sale price” as specified by the Board. The descriptive explanation of “total sale price” shall include reference to the amount of the downpayment.
Source
- 1994–201115 U.S.C. § 1638Commerce and Trade · Transactions other than under an open end credit plan · in this section
Descriptive explanations of the terms “amount financed”, “finance charge”, “annual percentage rate”, “total of payments”, and “total sale price” as specified by the Bureau. The descriptive explanation of “total sale price” shall include reference to the amount of the downpayment.
Source
- 2011–present15 U.S.C. § 1638Commerce and Trade · Transactions other than under an open end credit plan · in this section