April 29, 2011 - 2:50pm
#1
I posted this on COBWEB also, so you have already read this question. I've got a question regarding TIL's open-end (non home secured) loan requirements to display itemized fees and interest in table format. 226.7(b)(6)(iii) states that fees must be "identified consistent with the feature or type". On credit insurance, do we have to specifically list life and disability in the description, or can we refer to both as "credit insurance"? Thanks,Mark Jenkins, Internal AuditorKnoxville TVA Employees Credit Union[email protected]
