Rates Current as of Thursday February 09, 2012

Truth in Lending Act (TILA)

The Truth in Lending Act is a Federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on what credit will cost the borrowers, when charges will be imposed, and what the borrower’s rights are as a consumer.

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Truth in Lending Act (TILA)

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