Comment for 1026.16 - Advertising
To the extent that an advertisement mentions specific credit terms, it may state only those terms that
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
To the extent that an advertisement mentions specific credit terms, it may state only those terms that
To the extent that an advertisement mentions specific credit terms, it may state only those terms that
Clear and conspicuous standard - oral advertisements for credit secured by a dwelling.
Credit insurance.
For a closed-end credit transaction, creditors may rely on instructions in § 1026.19(b)(2)(viii)
The existing obligation is held in the portfolio of a bank, thus the bank holds the credit risk.
works for that the same entity to a consumer, provided that the person does not discuss particular credit
included in the variable terms addendum include a clause that is required by law to be included in credit
Provisional credit.
sufficient or available funds in the prepaid account at the time of authorization to cover the transaction, credit
An open-end account that is exempt on July 20, 2011 based on an express written commitment to extend credit
A creditor shall credit a payment to the consumer's account as of the date of receipt, except when a
escrow account of the type described in paragraph (b)(1) of this section for any extension of consumer credit
(iv) The total dollar amount of any payments pursuant to a college credit card agreement from the card
(iii) Any credit card agreement previously submitted to the Bureau that was amended during the preceding
(i) Any annual or other periodic fee that may be imposed for the issuance or availability of a credit
This section covers open-end credit plans under which rate changes are specifically set forth in the
receiving payment, such as a post office box, or the address of a branch or office at which payments on credit
A card issuer is not required to impose liability on a cardholder for the unauthorized use of a credit
the merchant merely honors, or indicates through signs or advertising that it honors, a particular credit
The offset prohibition applies even after the card issuer terminates the cardholder's credit card privileges
request rather than on an automatic periodic basis (for example, a cardholder might check a box on the credit
By virtue of the definition of downpayment in § 1026.2, this triggering term is limited to credit
For example, “10% cash required from buyer” or “credit terms require minimum $100 trade-in” would suffice
In evaluating a consumer's current obligations, a card issuer need not assume that credit lines for other