2018 Regulation Z Threshold

The threshold to exempt consumer credit from Regulation Z will be $55,800 for 2018. This is up from $54,600 in 2017. This means that any consumer credit transaction greater than $55,800 is NOT subject to Regulation Z requirements. However, private education loans, loans secured by any real property and/or loans secured by personal property used (or expected to be used) as the consumer’s principal dwelling ARE subject to the Truth in Lending Act regardless of the amount of the loan.

 

Published
2017/12/19
Amy Kudlacek
Amy Kudlacek

Amy Kudlacek

Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager. Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelors Degree in Business Administration and is a graduate of the ABA Compliance School. Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!

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