The Truth-in-Lending Act (PL 90-321; 15 USC 1601 et seq.). Part of the Consumer Credit Protection Act, a federal law that requires lenders to provide full written disclosure of credit terms and conditions, the finance charge, the annual percentage rate and other charges incurred in a loan contract.
A federal law requiring the use of a standard format in disclosure of credit terms. This serves the purpose of facilitating comparisons between the lending terms of different financial institutions.
A federal law that is part of the Consumer Credit Protection Act requiring lenders to fully disclose credit terms and conditions, the annual percentage rate and other changes, in writing. It is intended to ensure that borrowers are given meaningful information with respect to the cost of credit to help them make better comparisons between competing financial institutions.
A federal law that requires a mortgage lender to disclose the annual percentage rate to a prospective buyer after they have applied for the loan. GO TO TOP
Federal legislation assuring that everyone who is extended commercial credit is given meaningful disclosures with respect to the cost of the credit being extended.
A federal law requiring lending institutions to reveal all terms of a mortgage.
A federal law requiring the disclosure of loan terms using a standard format. This is intended to be used when comparing the lending terms of different financial institutions.
The Truth in Lending Act seeks to inform consumers regarding important information related to credit terms that can help them make informed credit choices and should protect them against inaccurate and unfair billing practices.
A federal law that requires lenders to fully disclose, in writing, the terms and conditions of a mortgage, including the APR and other charges.^Back to the top
Federal law requiring written disclosure of the terms of a mortgage (including the APR and other charges) by a lender to a borrower after a loan application is made.
Federal law requiring written disclosure of the terms of a mortgage by a lender to a prospective borrower within three business days of application.
A federal law that requires full disclosure of credit terms using a standard format.
A federal law requiring a disclosure of credit terms using a standard format. This is intended to facilitate comparisons between the lending terms of different financial institutions.
A federal law that requires all credit terms to be disclosed to a consumer using a standard format.
A federal law that requires a Truth-In-Lending Statement to be disclosed for all consumer loans. It includes the annual percentage rate (APR), the terms of the loan, as well as the disclosure of the right of rescission.
A Federal law requiring full disclosure of credit terms using a standard format. This is intended to facilitate comparisons between the lending terms and financial institutions. J-K U-Z
A U.S. federal law requiring lenders to reveal all of the terms of a mortgage.
Federal law which requires disclosure of a truth in lending statement for consumer loans. The statement includes a summary of the total cost of credit such as the APR and other specifics of the loan.
a Federal Consumer Protection act requiring the seller to disclose his method of computing interest prior to the sale and in all billing statements.
A federal law requiring disclosure of credit terms in a standard format known as the truth-in-lending statement. With these statements, you can better compare the lending terms of different financial institutions.
A federal law which requires lenders to disclose all terms of a loan arrangement to the borrower in a specified form.
A federal law that requires lenders to fully disclose, in writing, the terms and conditions of a mortgage, including the APR (Annual Percentage Rate) and other charges.
Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
An act governing the disclosure of credit terms and costs that appear on a loan agreement. Back to the Top
A federal law mandating that credit terms must be given to the borrower in a standard format to aid the borrower in comparing lenders' terms.
A federal law that protects consumers in a variety of ways. One of its key provisions allows a consumer to cancel a home-improvement loan, second mortgage or other loan if the home was pledged as security (except for a first mortgage or first trust deed) until midnight of the third business day after the contract was signed.
Federal law requiring disclosure of the Annual Percentage Rate to home buyers shortly after they apply for the loan.
A law applicable in the United States requiring disclosure of credit terms of finance transactions using a recognised format. This is intended to help borrowers compare the lending costs, terms and conditions of different lenders. Also known as 'Regulation Z'. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT
a federal law requiring the lender to provide all the terms, conditions, and fees related to a loan, including the APR, to the borrower.
Federal law which requires a truth-in-lending statement to be disclosed for consumer loans. This statement would include disclosure of the annual percentage rate, or APR , as well as other facets of the mortgage program. The law also requires the right of recission period which follows the closings of refinances.
Federal law requiring written disclosure of the terms of a mortgage (including the APR and other charges) by a lender to a borrower after application. Also requires the right to rescission period.
A federal law that requires a lender to give borrowers the annual percentage rate (APR). The APR helps borrowers compare one loan to another since it factors in not only the interest rate but also all the fees and closing costs that you need to pay. APR, though, is not always the best measure of comparison since not all the lenders include the same fees and closing costs. The Truth-in-lending act is also called Regulation Z.
Section of the Consumer Credit Protection Act that provides for a complete and conspicuous disclosure of credit charges on dollars and cents and as an annual percentage rate. (Regulation Z)
Under this act a lender is required to provide you with a disclosure estimating the costs of the loan you have applied for, including your total finance charge and the Annual Percentage Rate (APR) within three business days of your application for a loan.