# Truth in Lending
> **US Federal Reserve System** · Final rule; official staff interpretation. · Published 1996-04-04 · Effective 1996-04-01 · 61 FR 14952
## Document
- **Document number:** 96-8045
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 61 FR 14952
- **CFR reference:** 12 CFR 226
- **Publication date:** 1996-04-04
- **Effective date:** 1996-04-01
- **Docket:** Regulation Z
## Abstract

The Board is publishing revisions to the official staff commentary to Regulation Z (Truth in Lending). The commentary applies and interprets the requirements of Regulation Z. The revisions provide guidance mainly on issues relating to reverse mortgages and mortgages bearing rates above a certain percentage or fees above a certain amount. The update also addresses issues of general interest, such as a card issuer's responsibilities when a cardholder asserts a claim or defense relating to a merchant dispute.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/04/04/96-8045/truth-in-lending)
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