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Regulation Z: Closed-End Credit (Non-Real Estate)

Regulation Z or the Truth in Lending Act, encompasses several laws or acts and has been amended over the years. The regulation requires creditors to disclose the terms and cost of consumer credit transactions and includes rules meant to inform and protect consumers.
SKU: P0172EN
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Regulation Z or the Truth in Lending Act, encompasses several laws or acts and has been amended over the years. The regulation requires creditors to disclose the terms and cost of consumer credit transactions and includes rules meant to inform and protect consumers. There are specific requirements for closed-end credit plans, whether they are real estate secured or not. This course focuses on the requirements and limitation extended to closed-end consumer credit that is not secured by real estate. This course is intended for lenders, loan operations staff, and compliance personnel.  

 Learning Objectives:

  • Ensure your bank is providing the appropriate disclosures to consumers in the required timeframes
  • Understand how various disclosure amounts are calculated

Duration:

0.5 hours

Features:

Mobile, accessible, audio, video

Module(s):

40496EN

Products specifications
Course Language English
Length Range 30 Minutes or Less
Length (Hours) 0.5
Course Features Audio
Course Features Mobile
Course Features Accessible
Course Features Video
Module Number(s) 40496EN
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