Interest Rate Method (PD2691)

Describes the method(s) used by the organization to state the interest rate of its products. Select all that apply:

  • Declining balance method
  • Flat interest method
  • Reporting Format Selection
  • Metric Type Metric
  • Metric Level Product/Service
  • IRIS Metric Citation IRIS, 2020. Interest Rate Method (PD2691). v5.1.
Footnote

Organizations that use multiple interest rate methods should footnote the number of products to which each method applies.