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Truth in Lending

Fed · final-rule · Published 1999-04-06 · Effective 1999-03-31 · 64 FR 16614

Document

Document number
99-8413
Federal Register citation
64 FR 16614
CFR reference
12 CFR 226
Type
Rule
Action
Final rule; official staff interpretation.
Category
final-rule
Agency
US Federal Reserve System
Publication date
1999-04-06
Effective date
1999-03-31
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 the regulation. The update addresses the prohibition against the issuance of unsolicited credit cards. It provides guidance on calculating payment schedules involving private mortgage insurance. In addition, the update discusses credit sale transactions where downpayments include cash and property used as a trade-in, and adopts several technical amendments.

Source

Authoritative
Federal Register document
Machine
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