California Lending Bill

Data Filled Table with Professionals`

Commercial Lenders Subject to California’s First-of-Its-Kind Truth in Lending Bill

In 1968, the Truth in Lending Act was established to protect Americans who chose to use consumer credit. The federal law called for creditors to disclose the full terms of the loans they were giving out to consumers to make sure they fully understood the loans and the cost of such loans. Over the past… Read more »