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Syracuse University
20192020 Monthly Payment Option
(Main Campus Students Only)Retail Installment Obligation
FEDERAL TRUTH IN LENDING ACT DISCLOSURES
ANNUAL PERCENTAGE RATE (APR)FINANCE CHARGEAMOUNT
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What is total of payments?
The total of payments is the sum of all payments made within a specified time period.
Who is required to file total of payments?
Entities or individuals who have made payments to others are required to file total of payments.
How to fill out total of payments?
Total of payments can be filled out by compiling a list of all payments made and calculating the total amount.
What is the purpose of total of payments?
The purpose of total of payments is to provide an accurate record of all payments made by an entity or individual.
What information must be reported on total of payments?
Information such as the date of payment, recipient, amount, and purpose must be reported on total of payments.
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