TILA Quick Facts: What You Need To Know About Truth In Lending
Ensuring you are in compliance with the Truth In Lending Act (or TILA) decreases the likelihood that your borrower will default on their loan.
A little history on The Used Car Rule The Used Car Rule was introduced in 1984 with the primary aim to curb unfair and deceptive practices, particularly in the warranty coverage area and to stop used car dealers from making oral misrepresentations and…