CFTEA

Reg E Prepaid Accounts

$95.00

SKU: 310dcbbf4cce Category:
Code: A2091SP

Description

Describes how recent Regulation E amendments apply to prepaid accounts and how the amended Regulation Z (Truth in Lending Act) regulates any credit or overdraft features associated with prepaid accounts

 

After completing this course, students will be able to:
• Define prepaid accounts
• Explain the special “pre-acquisition” disclosures that must be provided with prepaid accounts
• Describe the alternatives to the periodic statement requirement that include related procedures for resolving errors
• Explain the requirement for agreements to be provided to the Bureau and posted on websites
• Describe how Regulation Z treats prepaid accounts with credit features

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