The CFPB recently issued its June 2020 update of the CHARM booklet, and we have included a link in the resources below. You may begin using the new CHARM booklet immediately, or you may first exhaust your existing supply of CHARM booklets.

For resources related to our guidance, please see:

• CFPB, CHARM Booklet (June 2020)

• Notice of Availability of Revised Consumer Information Publication, 85 Fed. Reg. 35292, 35293 (June 9, 2020) (“Creditors may, at their option, immediately begin using the revised CHARM booklet, or a suitable substitute, to comply with the requirements in Regulation Z. The Bureau understands, however, that some may wish to use their existing stock of the CHARM booklet. Therefore, those who provide this publication may use earlier versions of the CHARM booklet until existing supplies are exhausted. When reprinting the CHARM booklet, the most recent version should be used.”)