Consumer credit includes mortgage loans home equity lines of credit mortgage disclosures under the real estate settlement procedures act regulation x and the truth in lending act regulation z information about the 2013 mortgage rule implementation please review the implementation and guidance materials available on our website . The complete rule including the official staff commentary which is published as supplement i to regulation z is available on the government printing office web site the truth in lending act a principal purpose of tila is to promote the informed use of consumer credit by requiring disclosures about its terms and cost. Consumer credit regulation white paper consumer credit businesses can include banks payday loans companies home credit companies mail order companies those providing credit for goods credit cards store cards debt collectors financial advisers pawn brokers and credit brokers the biggest change is by virtue of the financial . 6 consumer credit the term consumer credit has the meaning provided for such term in regulations prescribed under this section except that such term does not include a a residential mortgage or b a loan procured in the course of purchasing a car or other personal property when that loan is offered for the express purpose of . Consumer faqs credit discrimination other resources information about the appraisals and valuations rule bulletin on social security disability income verification bulletin about indirect auto lending and compliance with the equal credit opportunity act bulletin about section 8 housing choice voucher homeownership program
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