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 BSA Training and Banking Regulations Compliance Consulting amy11 - 2016 Regulations Z & M Threshold$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

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