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#1980628 - 12/03/14 05:22 PM Variable Rate consumer loan
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We are in the process of developing a closed-end variable rate consumer loan product (mainly to be used for personal investment loans). Annual interest payments and principal due at maturity.

I have searched through Reg Z and am clear on the TIL disclosure requirements but what I can't find are the subsequent rate change notification requirements. I only see rate change rules for mortgages and not non-mortgage loans. Am I missing something here?
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Lending Compliance
#1980705 - 12/03/14 07:11 PM Re: Variable Rate consumer loan Red Raiders
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Galveston, TX
There are none.
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#1980741 - 12/03/14 08:02 PM Re: Variable Rate consumer loan Red Raiders
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That was easy!
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