Consumer Installment Loan Compliance Overview        





This course provides a general overview of the rules and regulations affecting the most common type of loan consumer installment loans.


1 Hour(s)


  • Recognize the compliance laws and regulations that affect consumer installment loan transactions.
  • Identify the purpose of the Equal Credit Opportunity Act (ECOA) and Regulation B.
  • Be aware of the nine prohibited discrimination bases.
  • Understand the purpose of the Truth-in-Lending Act and Regulation Z.
  • Be familiar with Truth-in-Lending disclosures
  • Identify when a financial institution can request a cosigner.
  • Distinguish what disclosures must be given to cosigners.

     67B3R4.0

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