Threshold for Exempt Credit, Lease Transactions Issued

Nov 27, 2018

Regulators announced dollar thresholds under Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2019. Protections generally will apply to consumer credit transactions and consumer leases of $57,200 or less in 2019. Private education loans and loans secured by real property are subject to the Truth in Lending Act regardless of the loan amount.

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