FIND YOUR TEMPLATE. FAST AND EASY!

Regulation Z/Truth In Lending Act (TILA) Policy

$375.00

The purpose of this Regulation Z Policy Template is to address how a financial institution adheres to Regulation Z – “Truth in Lending Act” (TILA) by providing accurate and timely consumer disclosures for all loans covered by TILA in order to promote the informed use of consumer credit among its borrowers.

Description

Regulation Z Policy

The purpose of this Regulation Z Policy Template is to address how a financial institution adheres to Regulation Z – “Truth in Lending Act” (TILA) by providing accurate and timely consumer disclosures for all loans covered by TILA in order to promote the informed use of consumer credit among its borrowers.

Table of Contents

  • Purpose and Contents – Topic 1
  • Policy Statement – Topic 2
  • Definitions – Topic 3
  • Exempt Transactions – Topic 4
  • Finance Charge – Topic 5
  • Open-End Credit – General Disclosure Requirements – Topic 6
  • Open-End Credit – Account Opening Disclosures – Topic 7
  • Open-End Credit – Periodic Statement Requirements – Topic 8
  • Open-End Credit – Identifying Transactions on Periodic Statements – Topic 9
  • Open-End Credit – Subsequent Disclosure Requirements – Topic 10
  • Open-End Credit – Payments – Topic 11
  • Open-End Credit – Treatment of Credit Balances and Account Termination – Topic 12
  • Open-End Credit – Special Credit Card Provisions – Topic 13
  • Open-End Credit – Billing Error Resolution Procedures – Topic 14
  • Open-End Credit – Determination of Annual Percentage Rate – Topic 15
  • Open-End Credit – Right of Rescission – Topic 16
  • Open-End Credit – Advertising – Topic 17
  • Closed-End Credit – General Disclosure Requirements – Topic 18
  • Closed-End Credit – Content of Disclosures – Topic 19
  • Closed-End Credit – Certain Mortgage and Variable Rate Transactions – Topic 20
  • Closed-End Credit – Disclosure Requirements Regarding Post Consummation Events – Topic 21
  • Closed-End Credit – Treatment of Credit Balances – Topic 22
  • Closed-End Credit – Determination of Annual Percentage Rate – Topic 23
  • Closed-End Credit – Right of Rescission – Topic 24
  • Closed-End Credit – Advertising – Topic 25
  • Use of Annual Percentage Rate in Verbal Disclosures – Topic 26
  • Language of Disclosures – Topic 27
  • Effect on State Laws – Topic 28
  • State Exemptions – Topic 29
  • Limitation on Rates – Topic 30
  • Special Rules for Certain Home Mortgage Transactions – Topic 31
  • Special Rules for Private Education Loans – Topic 32
  • Special Rules of Credit Card Accounts and Open-End Credit – College Students – Topic 33
  • Credit and Charge Card Applications and Solicitations – Topic 34
  • Hybrid Prepaid-Credit Cards – Topic 35
  • Audit Policy – Topic 36
  • Staff Training – Topic 37
  • Retention of Documentation – Topic 38

Recent updates to this product: 
09/04/18 Update
CFPB – Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)
05/01/18 Update
CFPB – Federal Mortgage Disclosure Requirements under the Truth in Lending Act (Regulation Z)
Deletion of Guidance Prior to 04/19/18 Effective Date
04/02/18 Update
CFPB – Mortgage Servicing Rules Under the Truth in Lending Act (Regulation Z)
02/05/18 Update
CFPB – Rules Concerning Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)
08/01/17 Update
CFPB – Amendments to Federal Mortgage Disclosure Requirements Under the Truth in Lending Act (Regulation Z)
05/01/17 Update
CFPB Finalizes Effective Date Extension for Prepaid Account Rule
11/01/16 Update
Prepaid Accounts Under the Electronic Funds Transfer Act (Regulation E) and Truth In Lending Act (Regulation Z)
09/01/16 Update
Consumer Financial Protection Bureau Expands Foreclosure Protections
07/05/16 Update
CFPB Revises Dollar Amounts for TILA under the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act), the Home Ownership and Equity Protection Act of 1994 (HOEPA), and the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)
04/04/16 Update
CFPB – Final Rules that Broadens Qualified Mortgage Coverage of Lenders Operating in Rural or Underserved Areas
01/04/16 Update
2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z)

This Regulation Z Policy Template (approximately 217 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $375.00.

Want to ensure your purchase of the Regulation Z Policy Template from BankPolicies.com remains current? Add a Product Update Protection Plan to your shopping cart to ensure that you will automatically receive an updated version every time it is revised via e-mail within one year from the last date of purchase. This timely and cost-effective solution ensures that you stay on top of federal regulatory changes and industry recommended best practices.

When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.

Our dedicated staff of career banking industry professionals are ready to keep your financial institution up to date with the latest bank policy standards and industry best practices. Purchase your bank policies from us today and rest easy knowing you have the right team helping you and your organization stay compliant. We look forward to earning your business for all of your bank policy needs.

You may also like…