Which of the following is NOT a general disclosure requirement for open-end credit?

The requirement for disclosures in open-end credit to include a summary of terms is, in fact, a general disclosure requirement. This means that lenders must provide consumers with essential information regarding the credit terms, including important aspects such as interest rates, fees, repayment terms, and other conditions. The inclusion of a summary helps consumers understand their obligations and make informed decisions about borrowing.

The other options represent true disclosure requirements. Disclosures must be in writing to ensure that consumers have a tangible record of the information provided. They must be presented in a clear and conspicuous manner to promote understanding and ensure that critical information is easily visible to the consumer. Furthermore, disclosures must be provided in a format that the consumer can retain, ensuring they have access to the information for future reference.

Therefore, the assertion that a summary of the terms is not a general disclosure requirement is incorrect, as it is indeed a fundamental aspect of consumer lending regulations for open-end credit.