What is one example of a loan NOT usually subject to Regulation Z?

A business loan for company expense is not typically subject to Regulation Z, which is designed to protect consumers in credit transactions. Regulation Z primarily applies to consumer credit transactions, meaning loans that are used primarily for personal, family, or household purposes. Since business loans are intended for commercial activities and not for individual consumption, they fall outside the purview of these consumer protections. Thus, those borrowing for business purposes do not receive the same disclosures and protections as consumers.

In contrast, options like a personal auto loan, home equity line of credit, and even inventory loans for seasonal items such as Christmas trees are usually categorized within consumer credit. These loans are often for personal use and involve an individual or household as the borrower, making them subject to the regulations that aim to ensure transparency and fairness in lending practices.