Bankowość centralna · 30/11/2016

Truth in Lending Regulation Amendments

The Federal Reserve Board and the Consumer Financial Protection Bureau are finalizing amendments to the regulations implementing the Truth in Lending Act, adjusting the dollar threshold for exempt consumer credit transactions based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers. The exemption threshold will remain at $54,600 through 2017.

Source: Federal Register — Federal ReserveOpen original release →

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