Comment for 1026.36 - Prohibited Acts or Practices and Certain Requirements for Credit Secured by a Dwelling
performs only real estate brokerage activities (e.g., does not perform mortgage broker or consumer credit
- 1026 (Regulation Z)
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performs only real estate brokerage activities (e.g., does not perform mortgage broker or consumer credit
#160;1026.52(b)(2)(i), the dollar amount associated with declining payment on a check that accesses a credit
A card issuer that replaces or consolidates a credit card account with another credit card account issued
entity to which a consumer is legally obligated, or would be legally obligated, under the terms of a credit
For issuers of credit cards that are not charge cards, a reference to the Web site established by the
(3) Make a good faith effort to refund to the consumer by cash, check, or money order, or credit to a
In a credit sale, the total sale price, using that term, and a descriptive explanation (including the
(i) Provide in the initial agreement that it may prohibit additional extensions of credit or reduce the
If two or more consumers are jointly liable on a credit card account under an open-end (not home-secured
Credit v. sale.
Charges imposed uniformly in cash and credit transactions are not finance charges.
For example, if a consumer obtains credit life insurance that is calculated at 0.1% per month on an outstanding
For example, in a credit sale, the creditor may include the cash price and the downpayment.
allows the creditor or other person to impose a bona fide and reasonable fee for obtaining a consumer's credit
Under § 1026.24(d)(1), whenever certain triggering terms appear in credit advertisements, the additional
liability (such as a nonrecourse limit or an equity conservation agreement) in the projected total cost of credit
person (including a creditor) from paying compensation to a loan originator in connection with a covered credit
on the facts and circumstances known to the card issuer at the time the consumer applies to open the credit
card issuer or creditor offers to induce a college student to apply for or open an open-end consumer credit
Merely providing services relating to the production of credit cards or data processing for others, however
price is critical in determining whether the difference between the price charged to cash customers and credit
State laws relating to disclosures concerning credit and charge cards other than in applications, solicitations
For example, increasing the credit limit on a dwelling-secured, open-end plan with a variable interest
When the consumer receives a generalized credit from the creditor for closing costs, the amount of the
not charges imposed as part of the plan under § 1026.6(b)(3) with respect to covered separate credit