Comment for 1026.58 - Internet Posting of Credit Card Agreements
The private label credit card exception exempts card issuers from submitting certain agreements to the
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
The private label credit card exception exempts card issuers from submitting certain agreements to the
(i) A “first-time borrower” means a consumer who has not previously received a closed-end credit transaction
This section continues to apply to a balance on a credit card account under an open-end (not home-secured
(5) Amount borrowed; credit limit.
(viii) The consumer's credit history.
(a) Hybrid prepaid-credit card
(i) Covered separate credit feature.
2(a)(12) Consumer Credit
2(a)(16) Credit Sale
3(c) Public Utility Credit
Increasing the credit limit.
18(d)(2) Other Credit
26(a) Open-End Credit
26(b) Closed-End Credit
60(b)(14) Available Credit
Covered separate credit features.
For purposes of this section, the term solicitation means an offer by the card issuer to open a credit
(D) Exception for certain credit card account arrangements.
An account number that accesses a credit account, unless the account number can access an open-end line
Assume a prepaid account issuer charges a $1.25 load fee to transfer funds from a non-covered separate credit
a fee to make a purchase under § 1026.60(b)(4) in cases where a consumer uses a hybrid prepaid-credit
(d) Evasion; open-end credit.
(2) The balance is transferred from a credit card account under an open-end (not home-secured) consumer
A debit card (other than a debit card that is solely an account number) that also accesses a credit account
Business credit later refinanced.