Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Regulation Z, better known as the Truth in Lending Act, is a federal law designed to ensure that you, the borrower, have access to clear information about the fees you will pay when taking out a loan.
Also known as the Truth in Lending Act (TILA), Regulation Z was created to protect people from predatory lending practices. It requires lenders to disclose borrowing costs, interest rates and fees ...