Fair Lending – Geunim

The Essential Guide to US Usury Laws and Consumer Protection

Meta Summary Usury laws are the primary legal defense against excessive and predatory lending, setting state-level caps on interest rates. This post details how these critical consumer protection statutes work, why they vary by state, and the significant penalties lenders face for non-compliance, ensuring borrowers understand their rights in an evolving financial landscape. Understanding Usury […]

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Understanding the Truth in Lending Act (TILA)

This post is a comprehensive guide to the Truth in Lending Act (TILA), a federal law designed to protect consumers by promoting transparent lending practices. Discover its key requirements, from mandated disclosures like the Annual Percentage Rate (APR) and finance charges to the crucial right of rescission, empowering you to make informed financial decisions when

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