Wisconsin § 422.307 Estimates or approximations.

Wisconsin Statutes

§ 422.307 — Estimates or approximations.

Wisconsin § 422.307

Ch. 422Consumer credit transactions

Subch.subch. III of ch. 422 SUBCHAPTER III

DISCLOSURE AND FORM OF WRITINGS

This text of Wisconsin § 422.307 (Estimates or approximations.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 422.307 (2026).

Text

307  If at the time disclosures must be made, an amount or other item of information required to be disclosed or needed to determine a required disclosure is unknown or not available to the creditor, and a reasonable effort has been made to ascertain it, the creditor may use an estimated amount or approximation of the information, if:
307(1) (1) The estimate or approximation is clearly identified as such, is reasonable and is based on the best information available to the creditor; and
307(2) (2) The estimate or approximation is not used for the purpose of circumventing or evading the disclosure requirements of this subchapter.

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422.307 If at the time disclosures must be made, an amount or other item of information required to be disclosed or needed to determine a required disclosure is unknown or not available to the creditor, and a reasonable effort has been made to ascertain it, the creditor may use an estimated amount or approximation of the information, if:
422.307(1) (1) The estimate or approximation is clearly identified as such, is reasonable and is based on the best information available to the creditor; and
422.307(2) (2) The estimate or approximation is not used for the purpose of circumventing or evading the disclosure requirements of this subchapter.