Court of Appeals of Georgia April 24, 1979, 57504 (Reese v. Robins Federal Credit Union)

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United States · · · 24-04-1979

Deen, Chief Judge.

1. The purpose of the regulations (12 CFR § 226.1 (a) (2) et seq.) is, as there stated "to assure that every customer who has need for consumer credit is given *2meaningful information with respect to the cost of that credit which, in most cases, must be expressed in the dollar amount of finance charge, and as an annual percentage rate computed on the unpaid balance of the

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