Reg E Prepaid Accounts

$95.00

SKU: 10300 Category: Tag:

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