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Prepaid Accounts under the Electronic Fund Transfer Act and the Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)

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eBook details

  • Title: Prepaid Accounts under the Electronic Fund Transfer Act and the Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)
  • Author : The Law Library
  • Release Date : January 21, 2018
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 3682 KB

Description

The Law Library presents the complete text of the Prepaid Accounts under the Electronic Fund Transfer Act and the Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition).
Updated as of May 29, 2018

The Bureau of Consumer Financial Protection (Bureau or CFPB) is issuing this final rule to create comprehensive consumer protections for prepaid accounts under Regulation E, which implements the Electronic Fund Transfer Act; Regulation Z, which implements the Truth in Lending Act; and the official interpretations to those regulations. The final rule modifies general Regulation E requirements to create tailored provisions governing disclosures, limited liability and error resolution, and periodic statements, and adds new requirements regarding the posting of account agreements. Additionally, the final rule regulates overdraft credit features that may be offered in conjunction with prepaid accounts. Subject to certain exceptions, such credit features will be covered under Regulation Z where the credit feature is offered by the prepaid account issuer, its affiliate, or its business partner and credit can be accessed in the course of a transaction conducted with a prepaid card.

This ebook contains:
- The complete text of the Prepaid Accounts under the Electronic Fund Transfer Act and the Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure


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