This online course explains the key elements of Regulation M, including required lease disclosures, applicable transactions, and the rules for advertising consumer leases. Bank employees will also learn how the regulation handles lease modifications, such as renegotiations and extensions. Regulation M implements the Consumer Leasing Act (CLA), which is designed to ensure consumers receive clear, accurate information before entering into a lease agreement for personal property. The regulation applies to anyone who regularly leases, offers to lease, or arranges consumer leases. Whether you're involved in leasing, customer service, or compliance, this course gives you the tools to help customers make informed decisions and ensure your institution follows the law.
