New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 18 - LOAN COMPANIES
Part 4 - MANDATORY SIGNAGE FOR SMALL LOAN BUSINESSES
Section 12.18.4.7 - DEFINITIONS

Universal Citation: 12 NM Admin Code 12.18.4.7
Current through Register Vol. 35, No. 18, September 24, 2024

"Annual Percentage Rate" or "APR" means the measure of the cost of credit, expressed as a yearly rate.

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