http://businessjournalism.org/2010/02/15/bye-bye-%e2%80%9cno-payments-same-as-cash%e2%80%9d-deals/ Reynolds Center helps journalists Cover Business Better Free training, workshops, Webinars Donald W. Reynolds National Center for Business Journalism Tue, 22 May 2012 01:13:50 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://businessjournalism.org/2010/02/15/bye-bye-%e2%80%9cno-payments-same-as-cash%e2%80%9d-deals/comment-page-1/#comment-5713 Rose Fri, 11 Jun 2010 18:00:16 +0000 http://businessjournalism.org/?p=8006#comment-5713 Can you point me to the new law that covers the same as cash terms and what lenders need to show on statements now? I have a statement from a lender showing interest charges and no info about paying it off to get the same as cash. They say their system isn't set up to do that and after we pay off the loan (within 18 months) it will credited. I don't think this is compliant but can't locate the law's wording. Help please. Can you point me to the new law that covers the same as cash terms and what lenders need to show on statements now? I have a statement from a lender showing interest charges and no info about paying it off to get the same as cash. They say their system isn’t set up to do that and after we pay off the loan (within 18 months) it will credited. I don’t think this is compliant but can’t locate the law’s wording. Help please.

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