N.M. Admin. Code § 12.18.4.7

Current through Register Vol. 35, No. 23, December 10, 2024

Section 12.18.4.7 - DEFINITIONS

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

N.M. Admin. Code § 12.18.4.7

12.18.4.7 NMAC - N, 10/1/2001, Amended by New Mexico Register, Volume XXIX, Issue 16, August 28, 2018, eff. 9/15/2018