Comment for 1026.13 - Billing Error Resolution
If a separate explanation, including the correction notice, is provided, the enclosed or subsequent periodic
- 1026 (Regulation Z)
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If a separate explanation, including the correction notice, is provided, the enclosed or subsequent periodic
On September 15, the card issuer provides a notice pursuant to § 1026.9(c) informing the consumer
applicable, and a reference to additional information describing the opt-out right provided in the notice
statement that if a penalty rate currently applies to the consumer's account, the new rate described in the notice
In a situation where a cardholder has provided timely notice of termination and a renewal fee has been
Use of account following provision of notice.
Nothing in the text of the consumer notice required by § 1026.35(c)(5)(i) should be construed to
consumer's failure to make a minimum periodic payment within 60 days from the due date for that payment, the notice
receives (within the time allowed for payment in paragraph (g)(3) of this section) further written notice
(3) The name, address and telephone number of an agent or party authorized to receive notice of the right
Form of change-in-terms notice.
creditor may include a signature line on a billing rights form that the cardholder may send in to provide notice
If the creditor may comply with the state law by placing the due-on-sale notice apart from the Federal
servicers are encouraged to consider these techniques when deciding how to disclose information in the notice
For example, in a closed-end credit transaction, a rescission notice need not specifically state that
existing credit card account with another credit card account, the card issuer must either provide notice
Account becomes more than 60 days delinquent before notice provided.
separate and distinct from all other correspondence, means that the initial ARM interest rate adjustment notice
is equal to or lower than the variable rate is determined at the time the card issuer provides the notice
) and reduce the rate, as appropriate, if the rate increase is of a type for which 45 days' advance notice
(4) Notice.
Form of change-in-terms notice.
offers a preferential annual percentage rate to employees during their employment must send a renewal notice
of 10 days to pay (measured from the time the consumer could reasonably be expected to have received notice
The notice itself is not preempted.