Encyclopedia
The total cost of consumer credit (loan) in monetary terms
The total cost of a consumer loan (credit) in monetary terms — the amount of all payments by the borrower specified in paragraph 3 and points 2 and 3 of part 4 of this article1.
Federal Law No. 353-FZ dated December 21, 2013 "On Consumer Credit (Loan)". 2013, as amended on January 21, 2024, Article 6, paragraph 4.1. ↩