§ 673.712 Refund anticipation loan disclosures
§ 673.715 Local government regulation of refund anticipation loans prohibited; preemption

Terms Used In Oregon Statutes > Chapter 673 > Tax Consultants and Tax Preparers > Refund Anticipation Loans

  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • City: includes any incorporated village or town. See Oregon Statutes 174.100
  • local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC