Comment for 1026.8 - Identifying Transactions on Periodic Statements
A cash advance.
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
A cash advance.
Cash advance fees.
Prepare the cash advance check.
60(b)(8) Cash Advance Fee
Purchases made by use of a check guarantee card in conjunction with a cash advance check (or by cash
(vii) Cash advance fee.
(8) Cash advance fee.
The consumer receives the first advance.
The consumer is also required to pay a cash advance fee that is equal to five percent of the cash advance
The creditor sufficiently identifies a nonsale transaction by describing the type of advance it represents
Similarly, assume an issuer will charge a cash advance fee of $5 or 3 percent of the cash advance transaction
Assume that a credit card account has a cash advance balance of $500 at an annual percentage rate of
See Samples G-10(B) and G-10(C) for guidance on how to disclose clearly and conspicuously the cash advance
Assume that a credit card account has a $500 cash advance balance at an annual percentage rate of 25%
credit drawn from a covered separate credit feature using a hybrid prepaid-credit card for providing cash
A cash advance is considered money for purposes of this section even if the creditor knows what the consumer
Assume that a credit card account has a cash advance balance of $500 at an annual percentage rate of
The consumer is also required to pay a cash advance fee that is equal to 5 percent of any cash advance
who is not a party to the credit transaction but merely is paid with the proceeds of the consumer's cash
Assume that a credit card account has a cash advance balance of $100 at an annual percentage rate of
than a periodic rate that may be used to compute the finance charge on an outstanding balance) for a cash
If the consumer's account has both a purchase feature and a cash advance feature, the creditor must disclose
A cash advance occurs on the last day of a billing cycle on an account that uses the transaction date
that the consumer is required to pay in order to engage in transactions using the account (such as cash
Use of a credit card to obtain a cash advance, even if the consumer then uses the money to purchase goods