This Regulation M: Consumer Leasing online training course explores the purpose of Regulation M. Regulation M applies to all persons who regularly lease, offer to lease or arrange for the lease of personal property under a consumer lease.
Regulation M implements the Consumer Leasing Act (CLA). Its purpose is to ensure that meaningful and accurate disclosure of lease terms is provided to consumers before they enter into a contract. Learn about the Consumer Leasing Act (CLA); the consumer lease disclosures that must meet the criteria set out in the regulation; and the advertising requirements for consumer leases.
Course Learning Objectives
By taking this online Regulation M: Consumer Leasing course the user will learn to:
- State the purpose of Regulation M: Consumer Leasing
- Identify transactions to which Regulation M applies
- Summarize the disclosure requirements of Regulation M
- Discuss the requirements regarding advertising of consumer leases
This online Regulation M: Consumer Leasing course is made up of the following sections:
- Overview of Regulation M
- Required Disclosures
- Renegotiations, Extensions, and Assumptions
This Regulation M: Consumer Leasing online training course was designed for bank employees.
If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.