- This topic has 1 reply, 2 voices, and was last updated 13 years, 1 month ago by .
-
Topic
-
We are looking at offering an open end consumer line of credit which could be tied to a DDA account and cover overdrafts. In doing this, if a debit card is used which in turn creates an overdrawn DDA account and a draw on the line is made to cover the overdraft, does that make the debit card a credit card as defined under Reg Z?
Thanks for any and all help on this!
Viewing 1 replies (of 1 total)
Viewing 1 replies (of 1 total)
- You must be logged in to reply to this topic.