07-EA-15: FRB: Regulation Z (Open-End Credit)

Recently, the Board of Governors of the Federal Reserve System (Board) issued a proposed rule to amend Regulation Z, which implements the Truth in Lending Act (TILA). The proposed rule would apply principally to open-end credit that is not homesecured, and address a variety of issues relating to the format and content of open-end credit disclosures and the substantive protections provided under the regulation.

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