course
Regulation Z: Truth in Lending (TILA)
Recognize the distinction between open-end and closed-end credit requirements.
Bankers Academy
Updated Jul 27, 2024
What you'll learn
- Distinction between open-end and closed-end credit requirements.
- Definition of "home equity plans."
- Relation of Credit CARD Act and Higher Education Opportunity Act to truth in lending.
Course Description
This course will introduce the learner to Regulation Z, which implements the Truth in Lending Act (TILA). The learner will be provided with a detailed overview of the ways in which TILA affects credit extensions and requires disclosures to be sent to consumers.
