Credit-card billing error notice
Section 1666 describes a written notice received within 60 days after the creditor transmitted the statement containing the alleged billing error.
15 U.S.C. § 1666Consumer Credit Cost Disclosure
Select any section to read the current official text. The briefing beside each citation is a short educational orientation only; applicability, exceptions, dates, and remedies must be confirmed in the linked source and with qualified counsel when needed.
Scope at a glance
- Open-end credit such as credit cards and home-equity plans
- Closed-end credit such as many installment and mortgage loans
- Credit advertising and credit billing
- Specified consumer leases
Key protections
- Standardized disclosure of finance charges and annual percentage rates
- A right to rescind certain transactions secured by a principal dwelling
- Procedures for specified credit-card billing errors
- Rules governing certain mortgage, appraisal, servicing, and credit-card practices
Review a credit disclosure or billing problem
Start with the exact transaction and document. Different portions of Subchapter I apply to different credit products.
- 01
Identify whether the account is open-end, closed-end, mortgage-related, a credit card, or a consumer lease.
- 02
Save the agreement, disclosure, periodic statement, advertisement, and proof of each payment.
- 03
Write down the specific charge, rate, date, or disclosure you believe is incorrect.
- 04
Match the issue to the appropriate Part and section below; read the official text and related Regulation Z or M.
- 05
For a billing-error notice or rescission question, act promptly and obtain legal guidance if a deadline may be running.
Timeline reference
Certain rescission rights
Section 1635 provides a rescission framework for specified transactions; exceptions and extended periods require the official text and facts.
15 U.S.C. § 1635Read before acting
Important information
- TILA is not a general right to cancel every loan.
- A disclosure issue does not automatically erase a valid debt.
- Mortgage and credit-card rules contain detailed definitions, exceptions, and remedies.
Related regulations
Regulation Z — 12 CFR Part 1026→Regulation M — 12 CFR Part 1013→Official help
CFPB consumer tools↗Subchapter I
§§ 1601–1616Part A — General Provisions
15 U.S.C. § 1601
Congressional findings and declaration of purpose
States Congress’s findings and the disclosure-focused purpose of the subchapter.
Read 15 U.S.C. § 1601 at the official U.S. Code ↗15 U.S.C. § 1602
Definitions and rules of construction
Defines important terms and interpretive rules used throughout the subchapter.
Read 15 U.S.C. § 1602 at the official U.S. Code ↗15 U.S.C. § 1603
Exempted transactions
Identifies transactions and credit arrangements excluded from specified requirements.
Read 15 U.S.C. § 1603 at the official U.S. Code ↗15 U.S.C. § 1604
Disclosure guidelines
Authorizes implementing regulations, model forms, and disclosure guidance.
Read 15 U.S.C. § 1604 at the official U.S. Code ↗15 U.S.C. § 1605
Determination of finance charge
Explains which charges are included in or excluded from the finance charge.
Read 15 U.S.C. § 1605 at the official U.S. Code ↗15 U.S.C. § 1606
Determination of annual percentage rate
Provides rules for calculating and expressing the annual percentage rate.
Read 15 U.S.C. § 1606 at the official U.S. Code ↗15 U.S.C. § 1607
Administrative enforcement
Assigns enforcement authority and describes available administrative remedies.
Read 15 U.S.C. § 1607 at the official U.S. Code ↗15 U.S.C. § 1608
Views of other agencies
Provides for consultation with other federal agencies on regulations and interpretations.
Read 15 U.S.C. § 1608 at the official U.S. Code ↗15 U.S.C. § 1609Repealed
Repealed
This former section has been repealed; the listing is retained for an accurate section history.
Read 15 U.S.C. § 1609 at the official U.S. Code ↗15 U.S.C. § 1610
Effect on other laws
Addresses how federal disclosure rules interact with state and other federal laws.
Read 15 U.S.C. § 1610 at the official U.S. Code ↗15 U.S.C. § 1611
Criminal liability for willful and knowing violation
Sets criminal consequences for specified willful and knowing violations.
Read 15 U.S.C. § 1611 at the official U.S. Code ↗15 U.S.C. § 1612
Effect on government agencies
Addresses how the subchapter applies to government agencies.
Read 15 U.S.C. § 1612 at the official U.S. Code ↗15 U.S.C. § 1613
Annual reports to Congress by Bureau
Requires the Consumer Financial Protection Bureau to report specified information to Congress.
Read 15 U.S.C. § 1613 at the official U.S. Code ↗15 U.S.C. § 1614Repealed
Repealed
This former section has been repealed; the listing is retained for an accurate section history.
Read 15 U.S.C. § 1614 at the official U.S. Code ↗15 U.S.C. § 1615
Prohibition on use of “Rule of 78’s” in connection with mortgage refinancings and other consumer loans
Restricts use of the Rule of 78’s method in specified refinancing and consumer-loan circumstances.
Read 15 U.S.C. § 1615 at the official U.S. Code ↗15 U.S.C. § 1616
Board review of consumer credit plans and regulations
Directs periodic review of consumer-credit plans and related regulations.
Read 15 U.S.C. § 1616 at the official U.S. Code ↗Subchapter I
§§ 1631–1651Part B — Credit Transactions
15 U.S.C. § 1631
Disclosure requirements
Provides the federal statutory framework concerning disclosure requirements. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1631 at the official U.S. Code ↗15 U.S.C. § 1632
Form of disclosure; additional information
Provides the federal statutory framework concerning form of disclosure; additional information. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1632 at the official U.S. Code ↗15 U.S.C. § 1633
Exemption for State-regulated transactions
Provides the federal statutory framework concerning exemption for State-regulated transactions. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1633 at the official U.S. Code ↗15 U.S.C. § 1634
Effect of subsequent occurrence
Provides the federal statutory framework concerning effect of subsequent occurrence. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1634 at the official U.S. Code ↗15 U.S.C. § 1635
Right of rescission as to certain transactions
Provides the federal statutory framework concerning right of rescission as to certain transactions. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1635 at the official U.S. Code ↗15 U.S.C. § 1636Repealed
Repealed
This former section has been repealed; the listing is retained for an accurate section history.
Read 15 U.S.C. § 1636 at the official U.S. Code ↗15 U.S.C. § 1637
Open end consumer credit plans
Provides the federal statutory framework concerning open end consumer credit plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1637 at the official U.S. Code ↗15 U.S.C. § 1637a
Disclosure requirements for open end consumer credit plans secured by consumer’s principal dwelling
Provides the federal statutory framework concerning disclosure requirements for open end consumer credit plans secured by consumer’s principal dwelling. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1637a at the official U.S. Code ↗15 U.S.C. § 1638
Transactions other than under an open end credit plan
Provides the federal statutory framework concerning transactions other than under an open end credit plan. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1638 at the official U.S. Code ↗15 U.S.C. § 1638a
Reset of hybrid adjustable rate mortgages
Provides the federal statutory framework concerning reset of hybrid adjustable rate mortgages. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1638a at the official U.S. Code ↗15 U.S.C. § 1639
Requirements for certain mortgages
Provides the federal statutory framework concerning requirements for certain mortgages. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639 at the official U.S. Code ↗15 U.S.C. § 1639a
Duty of servicers of residential mortgages
Provides the federal statutory framework concerning duty of servicers of residential mortgages. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639a at the official U.S. Code ↗15 U.S.C. § 1639b
Residential mortgage loan origination
Provides the federal statutory framework concerning residential mortgage loan origination. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639b at the official U.S. Code ↗15 U.S.C. § 1639c
Minimum standards for residential mortgage loans
Provides the federal statutory framework concerning minimum standards for residential mortgage loans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639c at the official U.S. Code ↗15 U.S.C. § 1639d
Escrow or impound accounts relating to certain consumer credit transactions
Provides the federal statutory framework concerning escrow or impound accounts relating to certain consumer credit transactions. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639d at the official U.S. Code ↗15 U.S.C. § 1639e
Appraisal independence requirements
Provides the federal statutory framework concerning appraisal independence requirements. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639e at the official U.S. Code ↗15 U.S.C. § 1639f
Requirements for prompt crediting of home loan payments
Provides the federal statutory framework concerning requirements for prompt crediting of home loan payments. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639f at the official U.S. Code ↗15 U.S.C. § 1639g
Requests for payoff amounts of home loan
Provides the federal statutory framework concerning requests for payoff amounts of home loan. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639g at the official U.S. Code ↗15 U.S.C. § 1639h
Property appraisal requirements
Provides the federal statutory framework concerning property appraisal requirements. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1639h at the official U.S. Code ↗15 U.S.C. § 1640
Civil liability
Provides the federal statutory framework concerning civil liability. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1640 at the official U.S. Code ↗15 U.S.C. § 1641
Liability of assignees
Provides the federal statutory framework concerning liability of assignees. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1641 at the official U.S. Code ↗15 U.S.C. § 1642
Issuance of credit cards
Provides the federal statutory framework concerning issuance of credit cards. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1642 at the official U.S. Code ↗15 U.S.C. § 1643
Liability of holder of credit card
Provides the federal statutory framework concerning liability of holder of credit card. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1643 at the official U.S. Code ↗15 U.S.C. § 1644
Fraudulent use of credit cards; penalties
Provides the federal statutory framework concerning fraudulent use of credit cards; penalties. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1644 at the official U.S. Code ↗15 U.S.C. § 1645
Business credit cards; limits on liability of employees
Provides the federal statutory framework concerning business credit cards; limits on liability of employees. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1645 at the official U.S. Code ↗15 U.S.C. § 1646
Dissemination of annual percentage rates; implementation, etc.
Provides the federal statutory framework concerning dissemination of annual percentage rates; implementation, etc.. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1646 at the official U.S. Code ↗15 U.S.C. § 1647
Home equity plans
Provides the federal statutory framework concerning home equity plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1647 at the official U.S. Code ↗15 U.S.C. § 1648
Reverse mortgages
Provides the federal statutory framework concerning reverse mortgages. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1648 at the official U.S. Code ↗15 U.S.C. § 1649
Certain limitations on liability
Provides the federal statutory framework concerning certain limitations on liability. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1649 at the official U.S. Code ↗15 U.S.C. § 1650
Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest
Provides the federal statutory framework concerning preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1650 at the official U.S. Code ↗15 U.S.C. § 1651
Procedure for timely settlement of estates of decedent obligors
Provides the federal statutory framework concerning procedure for timely settlement of estates of decedent obligors. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1651 at the official U.S. Code ↗Subchapter I
§§ 1661–1665ePart C — Credit Advertising and Limits on Credit Card Fees
15 U.S.C. § 1661
Catalogs and multiple-page advertisements
Provides the federal statutory framework concerning catalogs and multiple-page advertisements. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1661 at the official U.S. Code ↗15 U.S.C. § 1662
Advertising of downpayments and installments
Provides the federal statutory framework concerning advertising of downpayments and installments. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1662 at the official U.S. Code ↗15 U.S.C. § 1663
Advertising of open end credit plans
Provides the federal statutory framework concerning advertising of open end credit plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1663 at the official U.S. Code ↗15 U.S.C. § 1664
Advertising of credit other than open end plans
Provides the federal statutory framework concerning advertising of credit other than open end plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1664 at the official U.S. Code ↗15 U.S.C. § 1665
Nonliability of advertising media
Provides the federal statutory framework concerning nonliability of advertising media. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665 at the official U.S. Code ↗15 U.S.C. § 1665a
Use of annual percentage rate in oral disclosures; exceptions
Provides the federal statutory framework concerning use of annual percentage rate in oral disclosures; exceptions. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665a at the official U.S. Code ↗15 U.S.C. § 1665b
Advertising of open end consumer credit plans secured by consumer’s principal dwelling
Provides the federal statutory framework concerning advertising of open end consumer credit plans secured by consumer’s principal dwelling. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665b at the official U.S. Code ↗15 U.S.C. § 1665c
Interest rate reduction on open end consumer credit plans
Provides the federal statutory framework concerning interest rate reduction on open end consumer credit plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665c at the official U.S. Code ↗15 U.S.C. § 1665d
Reasonable penalty fees on open end consumer credit plans
Provides the federal statutory framework concerning reasonable penalty fees on open end consumer credit plans. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665d at the official U.S. Code ↗15 U.S.C. § 1665e
Consideration of ability to repay
Provides the federal statutory framework concerning consideration of ability to repay. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1665e at the official U.S. Code ↗Subchapter I
§§ 1666–1666jPart D — Credit Billing
15 U.S.C. § 1666
Correction of billing errors
Provides the federal statutory framework concerning correction of billing errors. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666 at the official U.S. Code ↗15 U.S.C. § 1666a
Regulation of credit reports
Provides the federal statutory framework concerning regulation of credit reports. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666a at the official U.S. Code ↗15 U.S.C. § 1666b
Timing of payments
Provides the federal statutory framework concerning timing of payments. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666b at the official U.S. Code ↗15 U.S.C. § 1666c
Prompt and fair crediting of payments
Provides the federal statutory framework concerning prompt and fair crediting of payments. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666c at the official U.S. Code ↗15 U.S.C. § 1666d
Treatment of credit balances
Provides the federal statutory framework concerning treatment of credit balances. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666d at the official U.S. Code ↗15 U.S.C. § 1666e
Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor
Provides the federal statutory framework concerning notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666e at the official U.S. Code ↗15 U.S.C. § 1666f
Inducements to cardholders by sellers of cash discounts for payments by cash, check or similar means; finance charge for sales transactions involving cash discounts
Provides the federal statutory framework concerning inducements to cardholders by sellers of cash discounts for payments by cash, check or similar means; finance charge for sales transactions involving cash discounts. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666f at the official U.S. Code ↗15 U.S.C. § 1666g
Tie-in services prohibited for issuance of credit card
Provides the federal statutory framework concerning tie-in services prohibited for issuance of credit card. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666g at the official U.S. Code ↗15 U.S.C. § 1666h
Offset of cardholder’s indebtedness by issuer of credit card with funds deposited with issuer by cardholder; remedies of creditors under State law not affected
Provides the federal statutory framework concerning offset of cardholder’s indebtedness by issuer of credit card with funds deposited with issuer by cardholder; remedies of creditors under State law not affected. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666h at the official U.S. Code ↗15 U.S.C. § 1666i
Assertion by cardholder against card issuer of claims and defenses arising out of credit card transaction; prerequisites; limitation on amount
Provides the federal statutory framework concerning assertion by cardholder against card issuer of claims and defenses arising out of credit card transaction; prerequisites; limitation on amount. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666i at the official U.S. Code ↗15 U.S.C. § 1666i-1
Limits on interest rate, fee, and finance charge increases applicable to outstanding balances
Provides the federal statutory framework concerning limits on interest rate, fee, and finance charge increases applicable to outstanding balances. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666i-1 at the official U.S. Code ↗15 U.S.C. § 1666i-2
Additional limits on interest rate increases
Provides the federal statutory framework concerning additional limits on interest rate increases. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666i-2 at the official U.S. Code ↗15 U.S.C. § 1666j
Applicability of State laws
Provides the federal statutory framework concerning applicability of State laws. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1666j at the official U.S. Code ↗Subchapter I
§§ 1667–1667fPart E — Consumer Leases
15 U.S.C. § 1667
Definitions
Provides the federal statutory framework concerning definitions. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667 at the official U.S. Code ↗15 U.S.C. § 1667a
Consumer lease disclosures
Provides the federal statutory framework concerning consumer lease disclosures. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667a at the official U.S. Code ↗15 U.S.C. § 1667b
Lessee’s liability on expiration or termination of lease
Provides the federal statutory framework concerning lessee’s liability on expiration or termination of lease. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667b at the official U.S. Code ↗15 U.S.C. § 1667c
Consumer lease advertising; liability of advertising media
Provides the federal statutory framework concerning consumer lease advertising; liability of advertising media. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667c at the official U.S. Code ↗15 U.S.C. § 1667d
Civil liability of lessors
Provides the federal statutory framework concerning civil liability of lessors. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667d at the official U.S. Code ↗15 U.S.C. § 1667e
Applicability of State laws; exemptions from leasing requirements
Provides the federal statutory framework concerning applicability of State laws; exemptions from leasing requirements. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667e at the official U.S. Code ↗15 U.S.C. § 1667f
Regulations
Provides the federal statutory framework concerning regulations. Open the official U.S. Code text for the operative language, definitions, exceptions, and amendments.
Read 15 U.S.C. § 1667f at the official U.S. Code ↗