MLchartDataset catalogue

TILA

Term · Law · MLC-T-LAW-004917

The Truth in Lending Act, a federal law enacted to protect consumers in credit transactions by requiring clear disclosure of key terms and costs. It mandates that lenders provide information such as the annual percentage rate (APR), finance charges, and total amount financed. TILA is implemented by Regulation Z, issued by the Consumer Financial Protection Bureau.

Table 1. Record
IdentifierMLC-T-LAW-004917
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004917",
  "term": "TILA",
  "field": "Law",
  "definition": "The Truth in Lending Act, a federal law enacted to protect consumers in credit transactions by requiring clear disclosure of key terms and costs. It mandates that lenders provide information such as the annual percentage rate (APR), finance charges, and total amount financed. TILA is implemented by Regulation Z, issued by the Consumer Financial Protection Bureau.",
  "url": "https://mlchart.com/terminology/law/tila/"
}

Record 5,022 of 5,441 in Law terminology (MLC-0107). Request the full dataset.