Effective Interest Rate (EIR) (PI7467)

Effective interest rate (EIR) for the most representative loan product of the organization during the reporting period.

  • Reporting Format Decimal
  • Metric Type Metric
  • Metric Level Product/Service, Organization
  • IRIS Metric Citation IRIS, 2020. Effective Interest Rate (EIR) (PI7467). v5.1.
Footnote

Organizations should footnote all assumptions used.