Truth-in-Lending: Congress Reacts to the Creditors' Dilemma

Truth-in-Lending: Congress Reacts to the Creditors' Dilemma

TRUTH-IN-LENDING ACT OF 1969 WAS PASSED IN RESPONSE TO THE CONFUSING MORASS OF CREDIT TERMS, WITH THE IDEA THAT FULL AND FAIR DISCLOSURE OF REAL CREDIT TERMS WOULD ENABLE THE CONSUMER TO MAKE AN INTELLIGENT DECISION AS TO WHETHER TO OBLIGATE HIMSELF OR NOT. THE AUTHOR SEES THE NEED FOR MORE CERTAINT...

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Bibliographische Detailangaben
Veröffentlicht in:Emory law journal 1975-01, Vol.24 (2), p.379-398
1. Verfasser: Rumsey, D Lake
Format: Artikel
Sprache:eng
Schlagworte:
CONGRESS (ALL NATIONS)
CREDIT
FINANCIAL SERVICE, BANKS, INSURANCE SYSTEMS, SECURITIES, EXCHANGES
JUDICIARY
LEGISLATIVE AND EXECUTIVE
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Zusammenfassung:TRUTH-IN-LENDING ACT OF 1969 WAS PASSED IN RESPONSE TO THE CONFUSING MORASS OF CREDIT TERMS, WITH THE IDEA THAT FULL AND FAIR DISCLOSURE OF REAL CREDIT TERMS WOULD ENABLE THE CONSUMER TO MAKE AN INTELLIGENT DECISION AS TO WHETHER TO OBLIGATE HIMSELF OR NOT. THE AUTHOR SEES THE NEED FOR MORE CERTAINTY & PREDICTABILITY IN THE ENFORCEMENT OF THE ACT.
ISSN:0094-4076
2163-324X