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Credit Insurance Disclosure Requirements

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Question: 
Can you tell me where I can learn the disclosure requirements needed when credit insurance is purchased by a customer?
Answer: 

FDIC Rules and Regs 343.40 for the Consumer Sales of Insurance Disclosure and Reg Z's 226.4(d) for the disclosure requirements to prevent it from being a finance charge.

First published on BankersOnline.com 6/26/06

First published on 06/26/2006

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