Comment for 1026.61 - Hybrid Prepaid-Credit Cards
In the case where a prepaid card is not a hybrid prepaid-credit card with respect to credit extended
- 1026 (Regulation Z)
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In the case where a prepaid card is not a hybrid prepaid-credit card with respect to credit extended
(xiii) Available credit.
Credit extensions for educational purposes.
Transaction fees imposed on the covered separate credit feature.
Credit line request by joint accountholder aged 21 or older.
This sample illustrates an automobile credit sale.
(1) An extension of credit primarily for a business, commercial or agricultural purpose.
Any fee imposed for exceeding a credit limit.
Any fee imposed for exceeding a credit limit.
Whether the card issuer provides the consumer with a new credit card;
Refunding any credit balance prior to a written request from the consumer.
34(b) Prohibited Acts or Practices for Dwelling-Secured Loans; Open-End Credit
The following examples illustrate transactions where a credit extension occurs at settlement.
Except as provided below, a card issuer must post and maintain on its publicly available Web site the credit
Coverage sold after consummation in closed-end credit transactions or after the opening of a home-equity
If a card issuer that is a financial institution issues a credit card under an open-end (not home-secured
impose a fee before the consumer receives the required disclosures if it is for obtaining the consumer's credit
may impose a fee before the consumer receives the required disclosures if the fee is for purchasing a credit
If the terms of an open-end credit plan provide for a repayment period during which no further draws
A card issuer is deemed to offer a credit card agreement to the public even if the issuer solicits, or
Under § 1026.58(c)(5), a card issuer is not required to submit any credit card agreements to the
Except as provided in paragraphs (b)(12)(ii) and (b)(12)(v) of this section, for a credit card account
(ii) A creditor finances premiums or fees for credit insurance if it provides a consumer the right to
(iv) Federal law dealing with credit extended by a depository institution to its executive officers specifically
Only commercial messages that promote consumer credit transactions requiring disclosures are advertisements