A Comprehensive Guide to Reg Z Open-End Credit Compliance
1 hour 5 minutes
Gain an understanding of Regulation Z and the potential compliance and risk issues.
A Comprehensive Guide to Reg Z Open-End Credit Compliance reviews the open-end portion of Regulation Z, including history, purpose, coverage, and disclosures. The course will explain rules relating to billing errors, crediting payments, credit balances, and advertising. This material will go through the background, scope, compliance issues surrounding Regulation Z, and disclosure requirements. In addition, we will cover the regulatory issues and how to prepare for examinations.
• You will be able to describe an overview of Regulation Z and its definitions.
• You will be able to discuss the compliance issues and risks with Regulation Z.
• You will be able to explain the different types of transaction and non-transaction accounts.
• You will be able to identify credit transactions covered under Regulation Z.