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Re: Modification/Renewal Fees for Consumer Loans

Home Forums Truth in Lending/ Regulation Z Modification/Renewal Fees for Consumer Loans Re: Modification/Renewal Fees for Consumer Loans

#2699
JGo9
Participant

I’m a bit unclear on your question. If you would please provide some more detail.

A general rule of thumb is if you provide documents then you need to redisclose; reguardless of the fee or charges.

The term renewal means different things to different banks; so please define or give us an example.