4min chapter

Cold Call cover image

What Role Do Individual Leaders Play in Corporate Governance?

Cold Call

CHAPTER

The Truth in Lending Act

There's regulation, right there is the true in lending ac i mean, outdo any of the regulations that are in place serve to police the behavior of these firms? There's regulation at the state level as well as at the federal level. So essentially what this says is that lenders have to very clearly state the loan terms so consumers can understand and compare the terms to different lending opportunities. But we know that there's fine print in all these things, and you often need a lawyer to read it with you to fully understand what you looking at.

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