Finance and Economics Discussion Series: Requirements and Prospects for a New Time to Payoff Disclosure for Open End Credit Under Truth in Lending

by Thomas A. Durkin and Senior Economist Thomas A Durkin

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Public Law 109-8, April 2005) made significant changes to procedures for managing consumer bankruptcy petitions, but it also included amendments to the Truth in Lending Act. Notable among the Truth in Lending changes is a section providing for new disclosures on the length of time it will take consumers to repay open end credit accounts in full if they make only the minimum required...

• Format: Paperback
• Language: English
• ISBN: 1288709110
• ISBN13: 9781288709113
• Release Date: February 2013
• Publisher: Bibliogov
• Length: 46 Pages
• Weight: 0.22 lbs.
• Dimensions: 0.1" x 7.4" x 9.7"