Reg Z Right of Rescission

Course Number: ABA

Course Code: ABA

Explains the reasons for the right of rescission, disclosures required, how to calculate the rescission period and how to answer consumer questions concerning this right. Covers new rules on a consumer’s right to cancel a private education loan.

What You’ll Learn

After completing this course, students will be able to:

  • Determine when the rescission period begins and ends
  • Explain the rescission process to your clients
  • Answer some common customer questions about the rescission period

Audience: All branch personnel responsible for closing consumer private higher loans or loans secured by a consumer's primary residence.

Prerequisites: The Reg Z Overview course must be taken at least once before any other Reg Z course is attempted.

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Member Price: $55.00
Non-Member Price: $75.00
Textbook Charge: $0.00

Credits: 0.75 CRCM, 0.75 CLBB


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