Bankowość centralna · 16/08/2018

New Regulations on Truth in Lending to Take Effect Soon

The Consumer Financial Protection Bureau has announced a new regulation requiring lenders to provide clear and transparent information about loan terms and fees, set to take effect on December 28, 2023, in accordance with the Truth in Lending Act (TILA) and Regulation Z.

Source: Federal Register — Federal ReserveOpen original release →

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