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About Truth in Lending Act Violations

Florida Foreclosure Defense Attorney

The Truth in Lending Act requires creditors and lenders to disclose all pertinent terms, lending arrangements, and costs and fees to consumers who apply for consumer credit or a loan.  The primary purpose of the act is to ensure that borrowers are fully aware of their lender's terms. 

The Truth in Lending Act (TILA) is frequently violated by lenders and creditors. TILA violations usually involve a lender failing to disclose relevant information and terms regarding a loan to a consumer.

Foreclosure Defense Attorney in Florida

Truth in Lending Act Violations can cause financial instability for consumers and may lead to them losing their homes.  For example, if a lender does not disclose certain fees or an interest rate hike to a consumer and the consumer fails to make sufficient payment due to this lack of information and understanding of the terms of the loan, the result can be a foreclosure action filed by the lender.

Contact a Florida Foreclosure Defense Lawyer immediately if a TILA violation has occurred.

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Tampa Foreclosure Law Firm
2202 N. West Shore Blvd., Tampa, Florida 33607

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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

Address: 1228 East 7th Ave Suite 200 Tampa, FL 33605 Phone: (813) 708-5378