Comment for 1026.55 - Limitations on Increasing Annual Percentage Rates, Fees, and Charges
If a balance is transferred from a credit card account under an open-end (not home-secured) consumer
- 1026 (Regulation Z)
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If a balance is transferred from a credit card account under an open-end (not home-secured) consumer
account can be used for online bill payment services offered by the prepaid account issuer, the prepaid card
delivers to the consumer a credit access device, including but not limited to checks that access a credit card
Section 1026.54 does not require the card issuer to provide a grace period.
Specifically, § 1026.54(a)(1)(i) prohibits the card issuer from imposing finance charges based on
On December 15 of year one, the card issuer provides a notice pursuant to § 1026.9(c) informing
to a fee to participate in a covered separate credit feature accessible by a hybrid prepaid-credit card
A card issuer must provide the disclosures required by paragraph (b)(12)(i) or (b)(12)(ii) of this section
from the administrator of an estate for the amount of the balance on a deceased consumer's account, a card
(3) If a creditor other than a card issuer routinely gives cash refunds to consumers paying in cash,
disclosures required by paragraph (b)(1)(i) of this section are provided pursuant to § 1026.9(c), the card
A card issuer may increase an annual percentage rate or a fee or charge required to be disclosed under
limited to those charges that are or may be imposed as a result of the deferral of payment by use of the card
A charge imposed on the cardholder by an institution other than the card issuer for the use of the other
A charge imposed on the cardholder by an institution other than the card issuer for the use of the other
Section 1026.7(b)(8) does not require a card issuer to disclose the limitations on the imposition of
If a consumer requests information about credit counseling services, the card issuer may not provide
If a hybrid prepaid-credit card is used to obtain goods or services from a merchant and the transaction
A card issuer may issue personal identification numbers (PINs) to existing credit cardholders without
Thus, § 1026.52(b)(2)(i)(A) prohibits a card issuer from imposing a late payment fee that exceeds
student to induce such student to apply for or open an open-end consumer credit plan offered by such card
The card cannot access credit from a covered separate credit feature under § 1026.61(a)(2)(i) that
If a credit feature that is accessible by a hybrid prepaid-credit card is structured as a subaccount
These models contain the notice of liability for unauthorized use of a credit card.
Assume that the billing cycles for a credit card account begin on the first day of the month and end