Regulation Z is a federal regulation that implements the Truth in Lending Act (TILA). It requires lenders to disclose the terms and conditions of consumer credit to the borrowers, including the APR (Annual Percentage Rate), the total finance charge, and the total number of payments. It also provides certain protections for consumers, such as the right to cancel certain types of credit transactions and the prohibition of certain practices such as loan flipping.
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What does regulation Z mean?
Related terms
Probate Sale
Insurance E/O
Exclusive Listing
Breach of Covenant
Seller Broker
Boilerplate
Disclosure
Blue-Ribbon Condition
Density Test
Housing Expense Ratio
Braced Framing
Empty Nesters
Point
Neo-Traditional Planning
No-Competition Lots
Principal
Individual Retirement Account
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