2015 Regulations Z & M Threshold

The threshold to exempt consumer credit (Reg Z) and consumer leases (Reg M) from the applicable regulatory Amy11requirements will increase to $54,600 on January 1, 2015.. This is up from the 2014 threshold of $53,500. This means any consumer credit and/or consumer lease transaction greater than $54,600 is NOT subject to Reg Z and Reg M requirements. However, private education loans and loans secured by real property (such as mortgages) are subject to the Truth in Lending Act regardless of the amount of the loan.

Amy Kudlacek

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