Description

Describes how recent Regulation E amendments apply to prepaid accounts and how the amended Regulation Z (Truth in Lending Act) regulates any credit or overdraft features associated with prepaid accounts.
What You’ll Learn
After completing this course, students will be able to:

Define prepaid accounts

Explain the special “pre-acquisition” disclosures that must be provided with prepaid accounts

Describe the alternatives to the periodic statement requirement that include related procedures for resolving errors

Explain the requirement for agreements to be provided to the Bureau and posted on websites

Describe how Regulation Z treats prepaid accounts;with credit features

Additional information

Audience	All staff responsible for issuing prepaid accounts and “hybrid” prepaid accounts, including billing statements and error resolution.
Credits	1.0 CFSSP, CRCM
Member Price	95.00
Non-Member Price	130.00
Course Number	ABA
Location	Online Self-Paced
Vendor	ABA
Course Code	ABA
Prerequisites	None
Day	Online