Truth in Lending Act

When it comes to getting a car loan, the Truth in Lending Act, or TILA, is a key piece of legislation to keep in mind.

This law safeguards the rights of consumers and mandates that lenders provide loan information, make certain disclosures, and notify customers of the terms of their credit agreements, among other requirements. Owners of vehicles can use the information provided by this act to compare lending offers.


Start rounding up and saving to pay down your car loan faster