Bankowość centralna · 20/06/2011

Federal Reserve Board Publishes Final Rule on Truth in Lending Regulation

The Federal Reserve Board is publishing a final rule amending the staff commentary for Regulation Z, which implements the Truth in Lending Act, due to changes in the Dodd-Frank Wall Street Reform and Consumer Protection Act, including an increase in the threshold for exempt consumer credit transactions from $50,000 to $51,800, effective January 1, 2012.