§ 1026.16 Advertising.
If an advertisement contains a statement of any minimum periodic payment and a balloon payment may result
- 1026 (Regulation Z)
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If an advertisement contains a statement of any minimum periodic payment and a balloon payment may result
institutions provide information about deposit account and open-end credit account activity on one periodic
Consumer request to pick up periodic statements.
(ii) The creditor does not treat as late for any purpose a required minimum periodic payment received
(1) The consumer requests in writing that the servicer cease providing a periodic statement or coupon
G-18(D) Periodic Statement New Balance, Due Date, Late Payment and Minimum Payment Sample (Credit Cards
H-30(E) Sample Form of Periodic Statement for Consumer in Chapter 7 or Chapter 11 Bankruptcy
[H-30(F) Sample Form of Periodic Statement for Consumer in Chapter 12 or Chapter 13 Bankruptcy
(D) A statement that the example payments are not the consumer's actual payments and that the actual
finance charges relating to the opening of the account that are paid prior to the issuance of the first periodic
(C) A statement that the information disclosed on the periodic statement may not include payments the
Finance charges relating to activity in prior cycles should be reflected on the periodic statement as
the pre-petition arrearage is subject to dispute, or has not yet been determined by the servicer, the periodic
(A) If a notice provided pursuant to paragraph (g)(4)(i) of this section is included on or with a periodic
Disclosure of periodic rates required only if imposition possible.
required by paragraph (d) or (e) of this section is not applicable to the loan, it may be omitted from the periodic
the requirements of that paragraph, and may rely on a prior servicer's provision to the consumer of a periodic
Disclosure of periodic interest rates required only if imposition possible.
(A) If a notice required by paragraph (g)(1) of this section is included on or with a periodic statement
(2) Periodic statements.
(ix) A statement of any annual or more frequent periodic limitations on changes in the annual percentage
If the periodic statement fails to reflect a credit to the account, the 60-day period runs from transmittal
If a change-in-terms notice required by § 1026.9(c)(2) is provided on or with a periodic statement
The disclosure that charges are payable upon receipt of the periodic statement is applicable only to
Other periodic statement requirements continue to apply.