Truth in Lending Act

concept
1 mentions 1 recordings first heard Feb 2026 last heard 22 Feb ↓1 vs the 6 months before

U.S. federal law requiring clear disclosure of credit terms

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Jonquilyn HillToday, Explained · Make credit cards work for you · 17:06 · 22 Feb
…What happened is in 1968, Congress enacted something called the Truth in Lending Act, which says you have to present interest rates as a simple annual rate.…
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