Regulators Adjust Lending and Leasing Thresholds for 2025

The Federal Reserve and CFPB announce new limits based on inflation for consumer credit, leasing, and mortgage appraisal exemptions.

The threshold for consumer credit and lease transactions subject to Truth in Lending and Consumer Leasing rules will rise to $71,900 in 2025.
The exemption threshold for higher-priced mortgage loans from appraisal requirements will increase from $32,400 to $33,500.
Adjustments are based on a 3.4% increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers as of June 1, 2024.
Regulation Z applies to all private education loans and loans secured by real property, regardless of the loan amount.
The Consumer Financial Protection Bureau clarified that pay-in-four buy now, pay later loans fall under Regulation Z, requiring periodic statements.