12 C.F.R. § 226.30

Current through March 31, 2024

Section 226.30 - Limitation on rates

A creditor shall include in any consumer credit contract secured by a dwelling and subject to the act and this regulation the maximum interest rate that may be imposed during the term of the obligation when:

[Reserved]

(a) In the case of closed-end credit, the annual percentage rate may increase after consummation, or

(b) In the case of open-end credit, the annual percentage rate may increase during the plan.

12 C.F.R. §226.30

75 FR 7818, Feb. 22, 2010