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Congressional Research Service Issues In Focus White Paper on Overview of Truth in Lending Act
September 20, 2024
WASHINGTON, Sept. 20 -- The Congressional Research Service issued the following In Focus white paper (No. IF12769) on Sept. 19, 2024, by financial economics analyst Anthony R. Marshak.

Here are excerpts:

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Overview of the Truth in Lending Act

The Truth in Lending Act (TILA; 15 U.S.C. Sec.Sec.1601 et seq.) requires creditors to disclose standardized information for various financing products and offers additional consumer protections. TILA a . . .

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