Determination of the Finance Charge and the APR Finance Charge (Open-End and Closed-End Credit) ( 226.4) The finance charge is a measure of the cost of consumer credit represented in dollars and cents. Since this rule is designed to help borrowers understand the terms of their home financing transaction, there is a trend to start referring to this rule as the Know Before You Owe rule instead of TRID.The Know Before You The TRID rules are complicated which can ultimately lead to errors and put your bank at risk. A line of credit would not fall under TRID and if the primary purpose of the loan is business purpose, it is exempt from all of Regulation Z. print email share. from the TRID disclosures. TRID stands for the TILA-RESPA Integrated Disclosure rule. WHEN Because the Dodd-Frank Act of 2010 mandates the com- Trig Cheat Sheet Definition of the Trig Functions Right triangle definition For this definition we assume that 0 2 p <