Comment for 1026.20 Disclosure Requirements Regarding Post-Consummation Events
The assumption of a nonexempt consumer credit obligation requires no disclosures unless all three elements
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
The assumption of a nonexempt consumer credit obligation requires no disclosures unless all three elements
disclosure is required when the amount borrowed in a refinancing includes premiums or other charges for credit
Such procedures are not required to include review of a credit score.
Where personal property also secures the credit transaction, a description of that property may be disclosed
Statements regarding excess amount and any credit to the consumer.
Statements regarding excess amount and any credit to the consumer.
Where personal property also secures the credit transaction, a description of that property may be disclosed
The new plan is subject to all open-end credit rules, including §§ 1026.6, 1026.15, and 1026.40.
any contract or other agreement made with a card issuer or creditor for the purpose of marketing a credit
that are inconsistent with the requirements contained in chapter 1 (General Provisions), chapter 2 (Credit
In certain credit sale or loan transactions, a consumer may reduce the dollar amount of the payments
principal, interest, mortgage insurance, or loan costs, whether in whole or in part, through a specific credit
is required, § 1026.59 does not require that a card issuer decrease the rate that applies to a credit
. • We can apply any unpaid amount against your credit limit.
income of a self-employed or seasonally employed consumer or what information to use when evaluating the credit
and maintains the information technology infrastructure that supports the Web site, cardholders with credit
as required by § 1026.7 for each billing cycle at the end of which an account has a debit or credit
charge begins to accrue and an explanation of whether or not any time period exists within which any credit
the United States Trustee or a bankruptcy administrator pursuant to 11 U.S.C. 111(a)(1) to provide credit
open-end plans not subject to the requirements of § 1026.40, if checks that can be used to access a credit
(1) The annual percentage rate is a measure of the cost of credit, expressed as a yearly rate, that relates
Section 1026.2(a)(17)(iii) makes certain card issuers creditors for purposes of the open-end credit provisions
(A maximum interest rate must be included in dwelling-secured open-end credit plans under which the interest
the United States Trustee or a bankruptcy administrator pursuant to 11 U.S.C. 111(a)(1) to provide credit
This paragraph applies to credit and charge card accounts of the type subject to § 1026.60.