Define Truth in Lending Act
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The Truth in Lending Act (TILA) of 1968 is a United States federal lawdesigned to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed.
The Truth in Lending Act (TILA) of 1968 is a United States federal lawdesigned to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed.
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The Truth in Lending Act (TILA) of 1968 is a United States federal lawdesigned to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed.
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