Credit Regulations
/ˈkrɛdɪt ˌrɛɡjʊˈleɪʃənz/
Definitions
- (n.) Statutory or regulatory provisions governing the issuance, management, and repayment of credit by financial institutions or creditors.
The credit regulations require lenders to disclose all fees and interest rates to borrowers.
Forms
- credit regulations
- credit regulation
Related terms
See also
Commentary
Credit regulations often serve to protect consumers and ensure transparency in lending practices; drafters should clearly specify the scope to avoid overlap with broader financial regulations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.