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What credit cards qualify for the credit card TILA compliance program?

April 26, 2017compliance credit card credit cards program qualify tila

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What credit cards qualify for the credit card TILA compliance program?

2 Answers

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There are three requirements: (1) consumer accounts for personal or household use, (2) with balances of $25,000 or less each, and (3) you must also have received at least one statement, preferably two, in the last 45 days. (Note: The law requires the statement be no more than 60 days old. We ask for the other 15 days so we can do everything we need to do in time.

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There are three requirements: (1) consumer accounts for personal or household use, (2) with balances of $25,000 or less each, and (3) you must also have received at least one statement, preferably two, in the last 45 days. (Note: The law requires the statement be no more than 60 days old.