The Truth in Lending Act (TILA) is Implemented by Regulation Z. It regulates what is required to be disclosed in loan and credit sale transactions. Reg. Z requires certain disclosures in the TILA section on a retail installment sales contract. The requirements are very specific, down to the size of the type that is used. It requires that the TILA box information be more conspicuously (plain sight) displayed than other disclosures.
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