Under Regulation M, what is a "consumer lease"?
Posted: Tue Mar 08, 2022 10:44 am
Under Regulation M, what is a "consumer lease"?
A. Any lease of $25,000
B. A consumer lease for $25,000 or less with an option to own the property after the lease expires
C. A consumer lease for $25,000 or less for the use of personal property
D. Any consumer or agricultural lease for $25,000 or less
A. Any lease of $25,000
B. A consumer lease for $25,000 or less with an option to own the property after the lease expires
C. A consumer lease for $25,000 or less for the use of personal property
D. Any consumer or agricultural lease for $25,000 or less