How To Negoiate Lower Interest Rates On Credit Cards

reflet · 12:42 PM

BT1,

You mentioned:

1. Not complying with the Federal Truth in Lending Act and Regulation Z 226 et seq.

2. Charging a "fee" that is not allowed under the express terms of the contract.
************************************************** ******
My Questions:
a) which part of Reg Z is not in compliance by "most banks?"
b) can you give examples of the "fees" that would not be allowed?

I'm formally trained in credit/lending and consider myself an expert with respect to credit reports and how to play the game.

12:42 PM	#11
reflet Green Member Join Date: Dec 2009 Location: US Posts: 1	Reg Z Verification BT1, You mentioned: 1. Not complying with the Federal Truth in Lending Act and Regulation Z 226 et seq. 2. Charging a "fee" that is not allowed under the express terms of the contract. ************************************************ ** My Questions:** a) which part of Reg Z is not in compliance by "most banks?" b) can you give examples of the "fees" that would not be allowed? I'm formally trained in credit/lending and consider myself an expert with respect to credit reports and how to play the game.

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