Who We Are

What We Do

Resources

ICCC INFORMAL ADVISORY OPINIONS



NUMBER

DATE

TITLE/SUBJECT

1

08/24/1983

ICCC Licensing Regulations for Insurance Premium Financing

2

09/02/1983

Your Inquiry Concerning Application of ICCC to Transactions by a South Dakota Finance Company With Iowans

3

09/02/1983

Survey of ACUCCS Members on Disclosure Requirements for Consumer Leases

4

09/22/1983

Debt Collection Practices Enforcement in Iowa

5

12/09/1983

Review of University Long Term Loan Promissory Note

6

12/29/1983

Appraisal Fees and Other Charges 537.5201

7

02/02/1984

Credit Counseling Regulation

8

02/15/1984

Iowa Debt Collection Practices Act

9

03/05/1984

Your Inquiry Concerning Charging Yearly Fees for Overdraft Protection

10

03/12/1984

Missing

11

03/26/1984

Your Inquiry Concerning What Finance Charge May be Assessed by a Sanitary Landfill

12

05/04/1984

Your Inquiry on Retail Installment Sales In Iowa

13

05/09/1984

Lenders Single Interest Insurance Paid by Banks & Possible Discrimination Claim

14

07/17/1984

Interest Rates

15

08/07/1984

Your Inquiry Concerning Charges Permitted on Bank Credit Cards

16

08/13/1984

Iowa Higher Education Loan Authority Student Loans and ICCC Requirements

17

08/24/1984

ICCC and Lines of Credit

18

08/27/1984

S.F. 420 - Charges for Nonsufficient Funds Checks & the ICCC

19

09/10/1984

Your Inquiry Concerning ICCC Default Provisions

20

02/08/1985

Consumer Loans by Mail

21

02/12/1985

Your Inquiry Concerning Tying Purchase of Credit Insurance to Interest Rates

22

02/18/1985

Whether a service contract on consumer goods which is financed in connection with a consumer credit sale is a permissible additional charge under ICCC § 537.2501(1)(f)

23

04/01/1985

Late Charges on Residential Rental Payments

24

04/05/1985

Whether Out-of-State State Chartered Savings & Loan is a Supervised Lender under ICCC

25

04/15/1985

Co-Signer Notices Required by F.T.C. Credit Practices Rules and ICCC § 537.3208

26

05/05/1985

Financing of Automobile Service Contracts

27

08/21/1985

Revolving Charge Accounts - ICCC Copy Provided

28

08/21/1985

Second Protector Insurance Sold in Connection with Consumer Credit Transactions

29

06/13/1985

General Provisions of ICCC

30

09/16/1985

 “Grand Grocery Giveaway"

31

09/25/1985

Dishonored Check Charges

32

01/17/1986

Title Insurance

33

01/23/1986

Whether a Creditor May Tie the Purchase of credit Life to the Purchase of credit Accident & Health

34

01/28/1986

Whether Consumer Creditor May Offer Lower APR on Consumer Loans With Credit Insurance

35

03/10/1986

Whether a Consumer Creditor May Require Borrowers too Have Credit Life and/or Accident and Health Insurance

36

09/25/1981

Duplicate of 31 - Dishonored Checks

37

03/24/1986

ICCC and Lines of Credit Assessed by a Credit Card

38

03/27/1986

ICCC Rule on Notice to Co-Signer

39

07/14/1987

ICCC Advice on Whether Issuance of Lender Credit Cards to Iowans Requires a License

40

09/23/1986

Insurance Premium Escrow Reserves Used by your Client

41

 

Missing

42

09/23/1986

Emergency Loan Programs

43

09/23/1986

Dishonored Checks for Credit Card Accounts

44

10/20/1986

Financing Operations in Iowa

45

05/11/1987

ICCC Co-signer Provisions and Reg. AA, 12 C.F.R. § 227.12(b)

46

05/21/1987

Request for Advice on Variable Rate Bankcards

47

06/19/1987

Licensing Requirements for Issuance for Out-of-State Open-End Credit Cards

48

06/26/1987

Right to Cure, Voluntary Surrender in Repossession, Abandoned Motor Home

49

07/16/1987

Request for Advice on Variable Rate Open-End Consumer Credit Retail Accounts

50

 

Missing

51

09/04/1987

Issuance of Lender Credit Cards to Iowans

52

11/24/1987

I.C.C.C. Advice on whether End of Lease Liability Restrictions ( § 537.3401) applies to Early Termination of a Lease

53

04/13/1988

Credit Accounts

54

04/19/1998

Variable Rate Retail Installment Financing

55

01/17/1989

Late fees for pre-computed loans

56

02/10/1989

Change-in-term requirements for credit cards

57

03/31/1989

Application of the ICCC to student loans

58

07/25/1989

Licensing requirements for out-of-state credit unions

59

11/29/1989

Application of Truth-in-Lending to hospital bills

60

02/02/1990

Finance charges on retail credit cards

61

05/21/1990

Examination of out-of-state lenders under the ICCC

62

10/08/1990

Credit disclosure requirements in Iowa Code Section 535.17

63

02/11/1991

ICCC and motor vehicle requirements under Iowa Code chapter 322

64

11/04/1991

Federal and ICCC “notice to cosigner” requirements

65

07/06/1992

Iowa Code § 537.2601(1) and non-consumer credit transactions 360/365 day

66

07/24/1992

Credit card cash advance fees

67

02/25/1994

Iowa Code § 537.6201 Applicability of notification requirements to out-of-state companies

68

07/16/1987

ICCC Chapter 537, Whether out-of-state credit union may make supervised loans to Iowans

69

09/06/1994

Permissibility of Imposing Post-Default Interest on Open-End Credit Accounts

70

10/14/1994

Iowa Code §537.2501 (1) (h) Request to promulgate GAP fee as an additional charge

71

05/30/1995

Iowa Code §5376.2510, Whether a flat documentation fee, treated and disclosed as a prepaid finance charge, would be subject to rebate

72

10/24/1995

Iowa Code § 537.2501 (1) (h), Permissibility of adding separately identified charge for maintenance contracts on motor vehicle retail installment contracts

73

01/08/1996

Iowa Code §§ 536, 537.2301 (licensing); 537.1202 (territorial application) – check by mail loans by out-of state bank

74

06/11/1996

Iowa Code §§ 537.2501; IAC 61-14; Conditions for sale of involuntary unemployment insurance

75

09/26/1996

Iowa Code § 537.2502 (8) permissible late fees on proprietary (seller) credit cards

76

10/18/1996

Iowa Code §§ 535.10; 537.1301 (1); 537.2401 (1); 537.2402; 537.2504. Compounding Interest

77

11/13/1996

Iowa Code §§ 537.2501 (g);537.7103 (5) (c); 554.3512; 554.3513. Debt Collectors fees; Extent of Permissible NSF Charge

78

12/09/1996

Iowa Code 537.1301 (8), 537.3201, 537.6104; 191 IAC § 23.22 (6); 15 USC § 1601, 2308: Service Contracts, Misc. issues: I-CCC characterization, disclosure of contracts with upcharges; discretionary pricing; use with “as is” warranty disclaimers

79

12/18/1996

Iowa Code § 537.2501 (1) (g) NSF surcharges on credit card accounts; cumulative with other charges

80

01/16/1997

Iowa Code § 537.2502, 537.1301 (34) Late charges generally not permitted in lease

81

01/30/1997

Iowa Code §§ 537.1301 (14) (19); 537.2401; also Iowa Code §§ 535.8, 535.10; Coverage of certain mortgage under ICCC; permissible prepaid finance charges including brokers fees

82

02/14/1997

360/365 day counting method

83

04/25/1997

GAP Insurance

84

08/18/1997

Hospital Coverage, Collection Fee

85

08/20/1997

Debt Collection Notice, Loan Document Fees

86

12/22/1998

Vendor’s Single Interest Insurance

86A

3/8/2004

Vendor’s Blanket Single Interest Insurance

87

02/18/1999

Payday Loans (533D) and Debt Collection, Threats of Criminal Prosecution

87A

05/06/1999

Payday Loans, Debt Collection, Criminal Threats

88

08/12/1999

Per Diem Charge on NSF Checks

89

05/07/1999

Truth in Lending Recession - Accrual of Interest During Recission Period

90

90A

90B

07/20/2003



12/29/2006

Starter Interrupter Device

Starter Interrupt Devices

Starter Interrupt and GPS Devices

91

02/18/2000

Calculation of late charge for closed-end simple interest loans; Allocation of payments with late charges on same; crediting non-conforming payments over long holiday weekends

92

06/24/2003

GAP Coverage in Sale of Motor Vehicles

93

03/05/2007

Additional Charges - Denial of New Charges

94

06/05/2007

Car Title Loans - Open-end Accounts, New Interest Rate Change

94a

05/09/2007

Car Title Loans - Open-end Accounts, New Interest Rate Change

95

03/16/2008

Judgment Interest and Credit Card Interest

96

01/1/2007

Debt Cancellation Product

97

04/15/2011

Open-end Account Receivable

98

06/03/2011

Accounts Receivable

99

08/16/2011

Origination Fees and Consumer Credit Transactions

100

09/28/2011

Independent Contractors Collection Debt

101

08/21/2009

Credit Card Change in Billing Date

101A

09/14/1999

Change in Terms Requirements on open-end Accounts

102

07/9/2012

De Minimis Exception for Rebates on Overpaid Simple Interest Contracts

103

07/27/2012

Applying increased credit card APR to outstanding balances

104

08/23/2012

Status of In-Bound Customer Service Call Center as a Debt Collector