Comment for 1026.61 - Hybrid Prepaid-Credit Cards
61(c) Timing Requirement for Solicitation or Application With Respect to Hybrid Prepaid-Credit Cards
- 1026 (Regulation Z)
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61(c) Timing Requirement for Solicitation or Application With Respect to Hybrid Prepaid-Credit Cards
The credit life and disability insurance disclosures. (See Samples H-11 and H-12.)
(i) Interim student credit extensions.
(e) When extension of credit prohibited.
A card issuer may not impose more than one over-the-limit fee or charge on a consumer's credit card account
afterwards, the prepaid card from time to time can draw, transfer, or authorize the draw or transfer of credit
Fees imposed on the asset feature of a prepaid account in connection with a non-covered separate credit
A credit card agreement is defined as the written document or documents evidencing the terms of the legal
The card issuer considers transactions using the traditional credit card to obtain goods or services
The premium may be disclosed on a unit-cost basis only in open-end credit transactions, closed-end credit
A person that can extend credit through a separate credit feature or its affiliate has an arrangement
Social security number to obtain a credit report.
The creditor need not describe each credit by type (returned merchandise, rebate of finance charge, etc
Age as of date of application or consideration of credit line increase.
Section 1026.60 generally requires that credit disclosures be contained in application forms and solicitations
Amount of credit.
(2) Adverse credit reports prohibited.
(1) Prohibit any person who honors a credit card from offering a discount to a consumer to induce the
This section applies to a closed-end consumer credit transaction secured by a dwelling, unless an exemption
(a) For Credit Card Accounts Under an Open-End (Not Home-Secured) Consumer Credit Plan [Interest will
The ultimate disposition of the credit balance (or any credit balance of $1 or less) is to be determined
The ultimate disposition of the credit balance (or any credit balance of $1 or less) is to be determined
Fees that the consumer is required to pay for the issuance or availability of credit described in §
Section 1026.57(a)(5) defines “college credit card agreement” to include any business, marketing or promotional
(A) A statement that the credit limit on the account has been or will be decreased.