Comment for 1026.34 - Prohibited Acts or Practices in Connection With High-Cost Mortgages
If two persons jointly apply for credit and both list income or assets on the application, the creditor
- 1026 (Regulation Z)
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If two persons jointly apply for credit and both list income or assets on the application, the creditor
rights and obligations, or part of any rights or obligations, memorialized in a promissory note or other credit
In evaluating a consumer's current obligations, a card issuer need not assume that credit lines for other
Sample G-18(D) illustrates how credit card issuers may comply with proximity requirements for payment
Specific lender credits are specific payments, such as a credit, rebate, or reimbursement, from a creditor
(B) The amount of credit extended to obtain the property or services that result in the assertion of
(iii) Under the terms of the loan contract or open-end credit agreement, the creditor can charge a prepayment
(12) Simultaneous loan means another covered transaction or home equity line of credit subject to §
In open-end credit plans, the billing cycle determines the intervals for which periodic disclosure statements
shares a name with the card issuer, such as “ABC,” and accepts in-person payments on the card issuer's credit
Although the creditor must not issue an adverse credit report because the consumer fails to pay the disputed
In an advertisement for credit secured by a dwelling, when any series of payments varies because of the
that the itemization appear with the disclosure of the amount financed in the segregated closed-end credit
Section 1026.32(b)(1) includes in points and fees for closed-end credit transactions those items listed
taking an application, offering, arranging, negotiating, or otherwise obtaining an extension of consumer credit
The creditor has extended credit secured by a dwelling twenty-five or more times during the previous
For purposes of § 1026.38(a)(4)(i), the term “consumer” is limited to persons to whom the credit
In a credit sale transaction involving a lump-sum payment by the consumer and a discount or other item
Rules for correction of billing errors and regulation of credit reports.
extended warranty or a service contract) that is payable in the same amount in comparable cash and credit
Home equity lines of credit.
When a consumer requests credit information, card issuers need not provide all the required credit disclosures
higher based on whether the transaction accesses only asset funds in the asset feature or accesses credit
(i) A person who regularly extends consumer credit that is subject to a finance charge or is payable
If a consumer purchases credit insurance or debt cancellation or debt suspension coverage for an open-end