Regulation Z

A Federal Reserve regulation requiring lenders to disclose all terms of loans to potential borrowers, including, but not limited to, the interest rates, applicable fees, and the length of loans. The regulation also allows consumers to cancel some credit transactions that require a lien to be placed on the consumer's primary residence. For the most part, the regulation does not place limits on the fees lenders may charge but instead requires transparency. Regulation Z is more or less the regulatory implementation of the Truth in Lending Act of 1968.

Regulation Z.

Under Regulation Z, a Federal Reserve Board rule covering provisions of the Consumer Credit Protection Act of 1968, lenders have to tell you certain terms of the credit they're offering, in writing, before you borrow.

Also known as the Truth in Lending Act, the regulation stipulates that lenders must disclose the true cost of loans. For example, they must make the interest rate, annual percentage rate (APR), and other terms of the loan simple to understand.

Regulation Z establishes uniform methods for calculating the cost of credit, disclosing credit terms, and resolving errors on certain types of credit accounts.

Regulation Z

A regulation issued by the Board of Governors of the Federal Reserve System in order to assist in implementation of the Truth in Lending Act.It requires certain disclosures regarding the cost of credit and rights of rescission (discussed at length under rescind). Additional disclosures must be made for reverse mortgages,discussed within that topic.The disclosure box appearing on all consumer promissory notes is called the Reg Z Box (see the diagram).

单词	regulation z
释义	Regulation Z Regulation Z A Federal Reserve regulation requiring lenders to disclose all terms of loans to potential borrowers, including, but not limited to, the interest rates, applicable fees, and the length of loans. The regulation also allows consumers to cancel some credit transactions that require a lien to be placed on the consumer's primary residence. For the most part, the regulation does not place limits on the fees lenders may charge but instead requires transparency. Regulation Z is more or less the regulatory implementation of the Truth in Lending Act of 1968. Regulation Z. Under Regulation Z, a Federal Reserve Board rule covering provisions of the Consumer Credit Protection Act of 1968, lenders have to tell you certain terms of the credit they're offering, in writing, before you borrow. Also known as the Truth in Lending Act, the regulation stipulates that lenders must disclose the true cost of loans. For example, they must make the interest rate, annual percentage rate (APR), and other terms of the loan simple to understand. Regulation Z establishes uniform methods for calculating the cost of credit, disclosing credit terms, and resolving errors on certain types of credit accounts. Regulation Z A regulation issued by the Board of Governors of the Federal Reserve System in order to assist in implementation of the Truth in Lending Act.It requires certain disclosures regarding the cost of credit and rights of rescission (discussed at length under rescind). Additional disclosures must be made for reverse mortgages,discussed within that topic.The disclosure box appearing on all consumer promissory notes is called the Reg Z Box (see the diagram).
随便看	parent involvement in education parent involvement network group parent involvement schools of excellence parent ion parentis parentis-en-born parent is near parent isotope parent is watching parent language parent leadership support project parent leadership training institute parentless parentlessly parent linking program parent loan for undergraduate students parent looking over shoulder parent management training parent management training-oregon model parent material parent mclaughlin and nangle parent message parent metal parent mobilization action group parent name