The Truth in Lending Act (TILA) did not regulate the interest rates lenders could charge or the reasons they could refuse to lend, but it granted borrowers the right to cancel a loan within three days of signing and to bring certain enforcement actions through the courts.

Authors

• Person: Charlie Zong Organization: Duke University
  Regulatory - American Predatory Lending

Sources

• Regulatory - American Predatory Lending predatorylending.duke.edu Charlie Zong · Duke University via serper

Referenced by nodes (1)

• Truth in Lending Act concept