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Truth in Lending Act Regulation Z

Curated by ACT

Site explains Regulation Z , "Truth in Lending" which is the "law requiring disclosure of terms" on a loan given to a business or consumer. Provides specific format of loan information to be disclosed.

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Concepts
interest
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Additional Tags
advertising disclosure, collateral, late charges, loan terms, penalties, pre-payment, right of recission, truth in lending, apr( cost of credit ), regulation z, laws protecting debtors, laws requiring disclosure of terms
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)