CFPBFinal RuleDecember 15, 2025

Consumer Leasing (Regulation M)

Finance & Banking

Summary

This regulation updates the federal rules for consumer leasing, which apply when you rent cars, appliances, or other goods. The changes are designed to make leasing agreements clearer and fairer by requiring companies to provide better information upfront so you understand the costs and terms before you sign.

Key Points

1Leasing companies must clearly disclose all costs, fees, and payment amounts before you agree to lease something
2Companies must explain what happens at the end of the lease, including any wear-and-tear charges or excess mileage fees
3The rule makes it easier to compare lease offers from different companies by standardizing how information is presented
4Consumers get stronger protections against surprise charges and hidden fees in their leasing agreements
5This applies to car leases, equipment rentals, and other consumer leases handled by banks, credit unions, and leasing companies

Impact Assessment

If you are a consumer, this means you will receive clearer upfront information about leasing costs and terms before signing an agreement, making it easier to understand your obligations.

Impact Level

Moderate

Geographic Scope

National

Compliance Cost

Moderate

Who is Affected

ConsumersFinancial InstitutionsManufacturers

Key Dates

Published

December 15, 2025

Regulatory Connections

Authorized By

Truth in Leasing Act 15 U.S.C. § 1667

Amends CFR Sections

16 CFR Part 213

Other Documents in This Rulemaking (CFPB-2025-0001)

CFPBFinance & Banking

Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold

CFPBFinance & Banking

Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold

CFPBHousing

Appraisals for Higher-Priced Mortgage Loans Exemption Threshold

CFPBFinance & Banking

Fair Credit Reporting Act Disclosures

View all 11 documents →

Read on Federal Register View Docket

This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.