Credit Card Act & Reg Z: Untangling the Changes from Aug/Sept 2009 (Updated)

This message updates you on how CBS will reverse the CAMS-ii software changes that occurred in August and September 2009 to assure compliance with the Credit Card Act and Reg Z changes as we knew them at that time.

On the attachment, the information that's below the red line is previous information that we have published and posted on the subject. We included it as a courtesy, so you'd have continuity and a point of reference. The current information is above the red line.

Please click here to access and print the document explaining the changes for undoing these changes to CAMS-ii.

NOTE: The attached document -- dated August 27, 2010 -- is an update that correctly discusses the undoing of the changes, as the attachment and the previous posting of this message incorrectly discussed an exclusion or opt-out option from these changes. We apologize for any confusion.

Please address any questions concerning this message or the attachment to the CBS Issue Tracking System.