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Friday
Sep122014

What's New? Reg Z & M Threshold Exemptions for Consumer Credit and Lease Transactions

DateFriday, September 12, 2014 at 2:36PM by AuthorBanking Spectrum
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) announced increases to the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. Transactions at or below the thresholds are subject to the protections of the regulations.

See The Gold Book for more information.

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