Posted By: CU3840
POS (point of sale) Booklet and account disclosure - 06/05/19 12:04 PM
As Reg Z requires account disclosures, how do other banks ENSURE the point of sale booklet is given to a customer to review prior to applying in the store?
Posted By: rlcarey
Re: POS (point of sale) Booklet and account disclosure - 06/05/19 05:23 PM
What is a "point of sale booklet"??
Posted By: CU3840
Re: POS (point of sale) Booklet and account disclosure - 06/05/19 07:43 PM
Like a brochure, it contains the important info about your account, account summary table, cardholder agreement and customers billing rights, etc. All the Reg Z required disclosures a customer can read before applying for the account.
Posted By: rlcarey
Re: POS (point of sale) Booklet and account disclosure - 06/05/19 08:18 PM
As far as I am aware, the required disclosures have to be on the solicitation/application form. So I am a little confused.