Truth in Lending disclosure for Enrollment Management Contracts

Truth in Lending Act Disclosure Statements (TILs)

This is a legal compliance issue for any school entering into enrollment contracts where payments occur more than a month after the contract is signed or in terms such as monthly or two-pay, with or without deferred payment fees. There is a separate idea for this to be included as part of tuition management if you'd like to vote on that: TM17-I-426

  • Sarah Bienvenue
  • Aug 30 2022
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