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Written notice sufficient to preserve TILA rights 

Published: May 7, 2012

Tags: consumer protection, Regulation Z, rescission, statute of limitations, Truth in Lending Act

Home borrowers preserved their rescission rights under the Truth in Lending Act when they provided their lender with written notice within three years of closing their loan, the 4th Circuit has ruled in reversing a dismissal.

Lender that used wrong form didn’t violate TILA 

Published: December 19, 2011

Tags: mortgage, Regulation Z, Truth in Lending Act

A mortgage lender did not violate federal consumer protection law when it failed to use the correct notice form for a mortgage refinancing, the 4th Circuit has ruled in affirming a dismissal.

TILA plaintiff may have extended right to rescind loan 

Published: December 8, 2011

Tags: consumer protection, mortgage refinancing, Regulation Z, Truth in Lending Act

A consumer protection plaintiff may have three years to rescind a home loan due to his lender’s alleged failure provide all the required notices in a mortgage refinancing transaction, the 7th Circuit has ruled in reversing a summary judgment.

‘Ability-to-pay’ proposals for Regulation Z open for comment 

Published: May 17, 2011

Tags: Dodd-Frank Wall Street Reform and Consumer Protection Act, mortgage loans, mortgages, Reg Z, Regulation Z, TILA, Truth in Lending Act

The Federal Reserve Board has requested public comment on proposed revisions to Regulation Z that would require lenders to determine a consumer’s ability to repay a mortgage before making a loan.

Court rules cardholder not entitled to advance notice 

By: Correy Stephenson
Published: January 24, 2011

Tags: Regulation Z, Truth in Lending Act

At the time of the transactions at issue, the Truth in Lending Act and Regulation Z did not require a credit card issuer to provide change-in-terms notice before increasing the interest rate, the U.S Supreme Court has ruled in an unanimous decision.

Justices consider credit card notice rule 

By: Kimberly Atkins
Published: December 8, 2010

Tags: consumer protection, Regulation Z, Supreme Court

WASHINGTON – The U.S. Supreme Court heard oral arguments in a case that will decide what notice credit card companies must give to consumers about interest rate increases under a now-changed federal regulation.

Credit card solicitation violated TILA 

By: Pat Murphy
Published: July 22, 2010

Tags: Regulation Z, Truth in Lending Act

A direct-mail credit card solicitation violated federal consumer protection law because it misled card users regarding the circumstances under which their interest rates could be raised, the 9th Circuit has ruled in reversing a dismissal.

Court to rule in TILA case 

By: Pat Murphy
Published: June 21, 2010

Tags: class action, consumer protection, Regulation Z, Truth in Lending Act

The U.S. Supreme Court has agreed to decide whether the Truth in Lending Act and Regulation Z require a credit card issuer to provide change-in-terms notice before increasing the interest rate on an account pursuant to a consumer default term in the cardholder agreement.

CONSUMER PROTECTION 

By: Pat Murphy
Published: June 21, 2010

Tags: class action, consumer protection, Regulation Z, Truth in Lending Act

Does Regulation Z require a credit card issuer to provide change-in-terms notice before increasing the interest rate?

See “Court to rule in TILA case.”

Chase Bank USA v. McCoy, No. 09-329. Certiorari granted June 21, 2010. Ruling
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‘Additional’ credit card holder can’t sue under TILA 

By: Pat Murphy
Published: May 21, 2010

Tags: Regulation Z, Truth in Lending Act

Federal law did not obligate a credit card company to resolve a dispute with a consumer who received his card through an account holder, the 9th Circuit has ruled in affirming a dismissal.