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Reg Z Right of Rescission

Course List | ABA Member Registration | Non-Member Registration

*Reviewed: Mar. 2012

Reg Z Right of Rescission explains the reasons for the right of rescission, disclosures required, how to calculate the rescission period and how to answer consumer questions concerning this right. New rules on a consumer's right to cancel a private education loan are also included.  
Price $75 Nonmembers / $55 Members
ABA Frontline Compliance This course is available to ABA Member banks at no cost under a license agreement. Learn more.
Course Credits AIB: 0, ICB: 0.75 CPB, CLBB, CRCM
Prerequisites Reg Z Overview
Required Software None
Optional Software Adobe Acrobat Reader and RealPlayer

Audience

All branch personnel responsible for closing consumer private higher loans or loans secured by a consumer's primary residence.

Learning Objectives

By the of this course, the students will be able to:

  • Determine when the rescission period begins and ends
  • Explain the rescission process to your clients
  • Answer some common customer questions about the rescission period

*Reviewed to meet current regulations, but no changes were made.


Questions? Please contact training@aba.com for more information.