What is the meaning of Truth in Lending (TIL)?

Truth in Lending (TIL) is the name given to the federal statues and regulations (Regulation Z) which are designed primarily to insure that prospective Borrowers of credit received credit and cost information before concluding a loan transaction.

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APABarry Goldsmith. (2010). truth in lending (til). Retrieved September 22, 2026, from http://smartdefine.org/truth_in_lending_(til)/definitions/1165669
ChicagoBarry Goldsmith. 2010. "truth in lending (til)" http://smartdefine.org/truth_in_lending_(til)/definitions/1165669 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, truth in lending (til), Smart Define, viewed 22 September, 2026, <http://smartdefine.org/truth_in_lending_(til)/definitions/1165669>.
MLABarry Goldsmith. "truth in lending (til)" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/truth_in_lending_(til)/definitions/1165669>