2016 Regulations Z & M Threshold

The threshold to exempt consumer credit (Reg Z) and consumer leases (Reg M) from the applicable regulatory requirements will be $54,600 for 2016. This remains unchanged from the 2015 threshold of Amy11$54,600. 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

Share This