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#1414503 - 07/13/10 08:25 PM Reg Z provisions effective August 22
stella Offline
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Joined: Nov 2006
Posts: 61
None of these apply to open-ended home secured credit correct?

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#1414871 - 07/14/10 04:46 PM Re: Reg Z provisions effective August 22 stella
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Joined: Jan 2007
Posts: 141
Las Vegas, NV
Based upon Section 226.2(a)(15) it is my understanding that it does not apply to home-equity lines or overdraft lines of credit. (This is indicated on page 16, of the FRS release of the final rule on 6/15/10.)

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