temporary annual percentage rate

(i)the terms “temporary annual percentage rate of interest” and “temporary annual percentage rate” mean any rate of interest applicable to a credit card account for an introductory period of less than 1 year, if that rate is less than an annual percentage rate that was in effect within 60 days before the date of mailing the application or solicitation; and

Source

15 USC § 1637(c)(6)(D)(i)


Scoping language

In this paragraph
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