Describes closed end adjustable rate and fixed rate closed-end lending, including installment loans and home equity loans and the requirements for both.
Note: The Reg Z Overview course must be taken at least once before any other Reg Z course is attempted.
After completing this course, students will be able to:
• Describe the features of closed-end loans and the required disclosures for variable and fixed rate credit
• Describe the features of home equity loans
• Examine the rules and disclosures for home equity loans