Truth in Lending Act photograph

Truth In Lending Act

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Titles amended15 U. S. C.
Commerce and Trade
U.S.C. sections created15 U. S. C.
Statutes at Large82 Stat. 146
Enacted by90th United States Congress
EffectiveMay 29, 1968
Date of Reg.
Date of Upd.
ID2165997
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About Truth In Lending Act


The Truth in Lending Act of 1968 is a United States federal law designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed.

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