12 C.F.R. § 1026.30

Current through November 30, 2024

Section 1026.30 - Limitation on rates

A creditor shall include in any consumer credit contract secured by a dwelling and subject to the Act and this part the maximum interest rate that may be imposed during the term of the obligation when:

(a) In the case of closed-end credit, the annual percentage rate may increase after consummation, or

(b) In the case of open-end credit, the annual percentage rate may increase during the plan.

12 C.F.R. §1026.30