Comment for 1026.15 - Right of Rescission
A creditor may, however, continue to allow transactions under an existing open-end credit plan during
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
A creditor may, however, continue to allow transactions under an existing open-end credit plan during
For example, a credit transaction to acquire a mobile home or houseboat to be used as the consumer's
Classes might be, for example, all open-end credit transactions, all open-end and closed-end transactions
13), the interest rate is locked for a specific period of time if the creditor has agreed to extend credit
database maintained by the Department of Defense to facilitate identification of consumers covered by credit
cancellation or debt suspension coverage described in § 1026.4(b)(10) written in connection with a credit
For purposes of §§ 1026.5(b)(2)(ii)(B) and 1026.54, a grace period is a period within which any credit
unavailable funds in the asset feature of the prepaid account at the time the transaction is initiated and credit
If a credit card agreement has been submitted to the Bureau, the agreement has not been amended and the
Closed-end credit.
If the third-party buydown is not reflected in the credit contract between the consumer and the bank
Clear and conspicuous standard - televised advertisements for credit secured by a dwelling.
Assume that, on July 1 of year one, a card issuer approves a consumer's application for a credit card
Because the consumer has obtained an additional extension of credit which causes the consumer to exceed
submission of the consumer's name, the consumer's income, the consumer's social security number to obtain a credit
(C) When the change is an increase in a variable annual percentage rate in accordance with a credit card
creditor or loan originator or by any agent of such creditor or loan originator for a particular consumer credit
may be disclosed for a single entry, as long as it is clear which date represents the date on which credit
may be disclosed for a single entry, as long as it is clear which date represents the date on which credit
1026.12(b)(2)(ii) may be given, for example, with the initial disclosures under § 1026.6, on the credit
1026.16(b)(1)(iii) if it is required for participation in the plan whether or not an open-end credit
To illustrate, a creditor gives a consumer a multiple-copy form containing a credit agreement and TILA
payable for any guaranty or insurance that protects the creditor against the consumer's default or other credit
A $500 single premium for optional credit unemployment insurance is used in one example.
A credit agreement may determine a consumer's initial payments using a temporarily discounted interest