Content of periodic statements

§ 126. Content of periodic statements If a creditor transmits periodic statements in connection with any extension of consumer credit other than under an open end consumer credit plan, then each of these statements shall set forth each of the following items: (1) The annual (percentage rate of the total finance charge. (2) The date by which, or the period (if any) within which, payment must be made in order to avoid additional finance charges or other charges. (3) Such of the items set forth in section 127(b) as the Board may by regulation require as appropriate to the terms and conditions under which the extension of credit, in question is made.