We test Spanish language variations of this disclosures in the united states.
We carried out consumer that is qualitative on Spanish language variations for the proposed disclosures. We tested in three metropolitan areas: Arlington, Va. (11-12); Phoenix, Az. (November 14-15); and Miami, Fla. (December 12-13) october.
23, 2013 – June 13, 2013 april
Validating our evaluation
By using Kleimann correspondence Group, the specialist whom assisted us through the entire assessment procedure, we carried out a quantitative study for the brand new kinds with 858 customers in 20 areas around the world. By just about any measure, the analysis revealed that the latest kinds give you a statistically significant enhancement within the current types.
18, 2013 – July 26, 2013 june
Extra testing with modified disclosures
In reaction to responses, we tested and developed various variations of this disclosures for refinance loans, which we tested for three rounds. (within our round that is last tested an adjustment for both acquisitions and refinances. ) We additionally did an additional round of Spanish language evaluation for the refinance variations. The modified disclosures tested well and so are the people within the rule that is final.
20, 2013 november