537.3210 Prohibited statements relating to rates. A creditor shall not state the rate of a finance charge to a consumer, in response to any inquiry, or in any advertisement, in the form of an add-on or discount rate, or in any formother than the rate calculated according to the actuarial method as a percent per year onthe unpaid balances of the amount financed, or the annual percentage rate required to bedisclosed under the Truth in Lending Act. [C75, 77, 79, 81, §537.3210]Referred to in §536A.23, 536A.31, 537.1201, 537.5201 Sat Dec 23 01:40:19 2023 Iowa Code 2024, Section 537.3210 (18, 0)
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