Right of Rescission Flowchart for Open-End Credit
Updated 05/12/2026
This flowchart can help you determine if the right of rescission applies to open-end credit.
Rule: 12 CFR Part 1026 (Regulation Z), § 1026.15 Right of rescission
Toolkit: Mortgage
Keywords: Open End Credit, Open End Rescission, Right to cancel, Truth in Lending, TILA, Reg Z
5/12/2026 – Updated the flowchart to align with Regulation Z and added a definition for “consumer” for purposes of determining rescission rights.
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