Comment for 1026.3 - Exempt Transactions
account is exempt under § 1026.3(b) based on the creditor's firm commitment to extend $30,000 in credit
- 1026 (Regulation Z)
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account is exempt under § 1026.3(b) based on the creditor's firm commitment to extend $30,000 in credit
This is the case even if an individual must pay cash to obtain the discount, provided that credit customers
pays or stops paying interest on the consumer's deposit account or any portion of it for the term of a credit
Any charge imposed on a credit cardholder by a card issuer for the use of an automated teller machine
A credit life insurance policy providing coverage for a 30-year mortgage loan has an initial term of
required, however, when the account is closed merely to assign it a new number (for example, when a credit
Some open-end credit plans provide that the amount of the finance charge that has accrued since the consumer's
Some open-end credit plans provide that the amount of the finance charge that has accrued since the consumer's
Where multiple entities share responsibilities with respect to a credit card issued by one of them, the
information appearing on a periodic statement is incorrect because a person honoring the consumer's credit
When, in connection with an extension of credit, a consumer pledges or sells an item to a pawnbroker
In cases where an open-end credit account will convert to a closed-end transaction subject to this section
The requirements of § 1026.24(i)(2) apply to all advertisements for credit secured by a dwelling
of § 1026.26 apply only if the creditor chooses to respond orally to the consumer's request for credit
partnership, limited partnership, limited liability company, corporation, bank, thrift, finance company, or credit
For purposes of § 1026.36(e), directing or “steering” a consumer to consummate a particular credit
a consumer has received the counseling required under § 1026.36(k), a creditor may not extend credit
Section 1026.37(a)(9) requires disclosure of the consumer's intended use of the credit.
The disclosure requirements under § 1026.37(a)(9)(ii) apply to credit transactions that meet the
A higher-priced covered transaction is a consumer credit transaction that is secured by the consumer's
fees or other charges that a card issuer will or may require the consumer to pay with respect to a credit
In the case of credit unions, this paragraph applies to applications and solicitations to open card accounts
A prepaid account number that can access such a digital wallet would be a hybrid prepaid-credit card
However, only states may request and receive determinations in connection with the fair credit billing
Creditors may make several types of changes to closed-end model forms H-1 (credit sale) and H-2 (loan