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In April 2019, the CFPB finalized rules under Regulation E and Z regarding prepaid accounts and hybrid prepaid accounts. The final rule modified general Regulation E requirements to create tailored provisions governing disclosures, limited liability and error resolution, periodic statements, and adds new requirements regarding the posting of account agreements. The final rule also modified Regulation Z in relation to overdraft credit features that may be offered in conjunction with prepaid accounts. This course provides details on the prepaid account rules for both Regulation E and Z.
Accessible / 508 Compliant
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