Name: Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending (en Inglés)
SKU: 59866014
Price: 71773.00 COP
Availability: InStock
Author: Durkin, Thomas A. ; United States Federal Reserve Board
ISBN: 9781288709113

portada Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending (en Inglés)

Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending (en Inglés)

Formato

Libro Físico

Autor

United States Federal Reserve Board

Thomas A. Durkin

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6x18.9x0.3 cm

Peso

0.10 kg.

ISBN13

9781288709113

Categorías

Política y gobierno

Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending (en Inglés)

United States Federal Reserve Board (Autor) · Thomas A. Durkin (Autor) · Bibliogov · Tapa Blanda

Libro Nuevo Importado

Envío: 18 a 24 días háb.

$ 143.546$ 71.773

-50%

Costos de importación incluídos en el precio ✅

Libro Nuevo

Quedan más de 100 unidades

$ 71.773

Llega entre el 23 Nov y el 02 Dic a Bogota, Cundinamarca. Seleccionar ubicación

Agregar a lista de deseos

Reseña del libro "Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending (en Inglés)"

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Public Law 109-8, April 2005) made significant changes to procedures for managing consumer bankruptcy petitions, but it also included amendments to the Truth in Lending Act. Notable among the Truth in Lending changes is a section providing for new disclosures on the length of time it will take consumers to repay open end credit accounts in full if they make only the minimum required payments. This paper explores the range of assumptions necessary for the calculations underlying the new required disclosures, examines the sensitivity of the disclosures to variations in the assumptions, and explores the potential for inaccuracy in the required disclosures based upon consumers' use of their open end credit accounts. For the latter exploration, the paper examines consumer survey evidence and employs a large longitudinal sample of credit card accounts to measure how often consumers' actual patterns of use of their credit card accounts match the assumptions of the new disclosure.