Comment for 1026.37 - Content of Disclosures for Certain Mortgage Transactions (Loan Estimate)
consumer, excluding settlement services, as required to be paid as a condition for the extension of credit
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
consumer, excluding settlement services, as required to be paid as a condition for the extension of credit
In a purchase or refinancing transaction, in the event the amount of the credit extended by the creditor
A creditor may provide in the initial agreement that further advances will be prohibited or the credit
For example, a creditor may not know that a consumer intends to buy single-premium credit unemployment
comment 51(a)(1)-9 for guidance regarding the use of a single, common application form or process for all credit
However, a grace period during which any credit extended may be repaid without incurring a finance charge
Assume that the billing cycles for a credit card account begin on the first day of the month and end
Assume that the billing cycles for a credit card account begin on the first day of the month and end
A card issuer may not, however, assess any over-the-limit fees or charges on the consumer's credit card
For example, a card issuer offers two types of credit card accounts that differ only with respect to
Section 1026.58(d) requires a card issuer to post and maintain on its publicly available Web site the credit
accordance with the factors that it currently uses in determining the rates applicable to similar new credit
These include an extension of credit made pursuant to a program administered by a Housing Finance Agency
For example, if an open-end credit account ceases to be exempt, the creditor must within a reasonable
purchases of merchandise under the plan, or to return merchandise purchased by other means such as a credit
completion of construction, the new dwelling is considered the principal dwelling if it secures the open-end credit
The payment calculation methods differ depending on the type of credit extended.
Creditors are not required to consummate a loan where the extension of credit would be prohibited by
See comment 51(a)(1)-9 for guidance regarding the use of a single, common application for all credit
If a card issuer amends a credit card agreement previously submitted to the Bureau, § 1026.58(c)
For example, as of June 30, a card issuer offers three agreements to the public and has 9,500 open credit
Document For Future Use This notice tells you about your rights and our responsibilities under the Fair Credit
For example, assume a consumer responds to a card issuer's solicitation for a credit card account subject
for any private guaranty or insurance protecting the creditor against the consumer's default or other credit
the account current, it is permissible, if permitted by the terms of the loan contract or open-end credit