Comment for 1026.32 - Requirements for High-Cost Mortgages
Examples; open-end credit.
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
Examples; open-end credit.
agreement during the draw period to repay all or part of the principal balance and the amount of available credit
Same credit risk holder.
The creditor may disclose the amount of the credit extensions on a cumulative daily basis, rather than
Termination or suspension of credit availability.
Credit transactions subject to the Wyoming Consumer Credit Code are exempt from chapter 2 of the Federal
provides that, with respect to an agreement offered solely for accounts under one or more private label credit
card issuer routinely gives cash refunds to consumers paying in cash, the creditor shall also give credit
A card issuer may issue personal identification numbers (PINs) to existing credit cardholders without
Section 1026.18 applies to closed-end consumer credit transactions, other than transactions that are
(iii) For purposes of subpart B, any card issuer that extends either open-end credit or credit that is
See comment 9(c)(2)(iv)-11 for guidance on disclosure of the reasons for a rate increase for a credit
The creditor has supplied the specified credit information about its credit terms either to the individual
(7) Subpart G relates to credit card accounts under an open-end (not home-secured) consumer credit plan
A consumer may choose in a particular circumstance to draw or transfer credit from the covered separate
(ii) The offering or extension of credit is done regularly;
(b) Disclosures for supplemental credit access devices and additional features.
(e) Disclosures upon renewal of credit or charge card —
(ii) The first transaction under an open-end credit plan.
(1) A home equity line of credit subject to § 1026.40;
(C) The credit contract does not require payment of interest;
(5) Private education loan means an extension of credit that:
G-7—Rescission Model Form (When Increasing the Credit Limit)
G-10(A) Applications and Solicitations Model Form (Credit Cards)
In contrast, credit card does not include, for example: