Regulatory Alerts2024-10-15 | 2024-23275Truth in Lending (Regulation Z) 2025 Threshold Adjustment
The Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau issued final rules amending official interpretations for Regulation Z to adjust the exemption threshold for consumer credit transactions. Based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, the threshold amount is increased from $69,500 to $71,900 effective January 1, 2025. This technical amendment updates the regulatory text to reflect the inflation-adjusted limit for exempt transactions under the Truth in Lending Act.
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