AIB Truth in Lending Act- Regulation Z (AIB-7331)

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This AIB course introduces participants to compliance with Regulation Z, Truth in Lending. Students will learn about the conditions that led to the enactment of Regulation Z, and how to properly disclose the cost of credit, and calculate and disclose a loan’s rescission period. The course teaches students how to adhere to the technical requirements of Regulation Z, including how to present required documentation and explain terms in a way that clients will understand. The course also covers how regulation Z is enforced, and the penalties for noncompliance with Regulation Z.

Delivery Options

Self-Paced Online

Audience

Any bank personnel who are involved in the consumer lending process. General knowledge of consumer lending functions is helpful.

Learning Objectives

   At the conclusion of the program participants will be able to:

• Discuss the purpose and history of Regulation Z
• Quote an annual percentage rate (APR)
• Present disclosure statements for different types of consumer credit
• Calculate and describe a rescission period
• Apply Regulation Z to specific banking job roles

Enrollment Form

 Download and print an enrollment form from here, complete and fax to 904-354-1834