Comment for 1026.40 - Requirements for Home-Equity Plans
category includes plans in which a fixed percentage or a fixed fraction of the outstanding balance or credit
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
category includes plans in which a fixed percentage or a fixed fraction of the outstanding balance or credit
mortgage-related obligations payments to such associations imposed in connection with the extension of credit
Assume that the annual percentage rate for purchases on a credit card account is 15%.
consumer reports contain certain information regarding the applicant's past performance on existing credit
for one or more events specified in the account agreement, such as a late payment or an extension of credit
If credit insurance or debt cancellation or debt suspension coverage is required as part of the plan,
may revise the balance computation names listed in § 1026.60(g) to refer more broadly to all new credit
and then, on any account for which a timely rejection was received, reverse the change and remove or credit
Clear and conspicuous standard - rates and payments in advertisements for credit secured by a dwelling
(d)(5) requires disclosure of the partial payment policy of covered persons for closed-end consumer credit
mortgage-related obligations premiums or charges protecting the creditor against the consumer's default or other credit
For example, assume that a credit card account has a balance subject to a deferred interest program that
) permits a card issuer to submit to the Bureau on a quarterly basis a complete, updated set of the credit
Assume a credit card account was subject to a rate of 15% on all transactions as of January 1, 2009.
disclosures required under § 1026.9(f) when the card issuer changes the entity providing insurance on a credit
by calling a specified toll-free telephone number before June 1 but that, if the consumer does so, credit
mortgage loan, and the estimate was based on the estimated loan amount and the consumer's estimated credit
imposed directly or indirectly by the creditor as an incident to or a condition of the extension of credit
The meaning of “regularly extended” is based on the number of times a person extends consumer credit
b)(1) unless the transaction is otherwise exempt (such as a reverse mortgage or home equity line of credit
For example, a credit union whose name includes the name of a covered educational institution is not
Assume that the billing cycles for a credit card account start on the first day of the month and end
issuer imposes a fee for an ATM balance inquiry and the amount of the fee is not higher based on whether credit
G-13(A) - Change in Insurance Provider Model Form (Combined Notice) The credit card account you have
However, in a variable-rate transaction with a seller buydown that is reflected in the credit contract