Effective July 21, 2011, the Dodd-Frank Wall Street Reform and Consumer Protection Act increased the threshold amount for transactions exempt from the Truth in Lending Act and the Consumer Leasing Act from $25,000 to $50,000.  Dodd-Frank also requires annual adjustment of the threshold amount based on annual percentage increases in the consumer price index.

In recently published final rules, the Federal Reserve Board revised its Regulations Z and M to increase the threshold amount to $51,800, effective December 31, 2011.

Generally, consumer credit transactions and lease transactions which are at or below the threshold amount are subject to the disclosure and substantive requirements of Truth in Lending Act and Federal Reserve Board Regulation Z, in the case of consumer credit, or the Consumer Leasing Act and Federal Reserve Board Regulation M, in the case of consumer leases.