Agencies Announce Dollar Thresholds for Applicability of Truth in Lending and Consumer Leasing Rules for Consumer Credit and Lease Transactions
AI Summary
- The CFPB and the FRB have announced dollar thresholds for determining applicability of Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
- These thresholds will be used to decide if certain consumer credit and lease transactions are subject to these protections.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. It is a general announcement applicable nationwide.
Original Content
The CFPB and the FRB are announcing the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2026 are subject to certain protections under Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).