Truth in Lending Litigation Slows but Bankers Remain Wary

Lawsuits tied to the Truth in Lending Act are on the declinebut bankers would be wise to delay any celebration.

Court decisions tied to the 1968 law fell 18% year over year during a 12-month period that ended May 31, to 1,037, data from the National Consumer Law Center shows. That number is down 38% from the peak two years earlier. …

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