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The quantity of goods exchanged in a market will be below the equilibrium quantity
Truth-In-Lending Act
A federal law designed to promote the informed use of consumer credit by requiring disclosures about its terms and cost.
Potential Borrowers
Individuals or entities who may be interested in or eligible for taking out a loan but have not yet entered into a borrowing agreement.
Regulation Z
A federal law that provides protection for consumers in credit transactions and is part of the Truth in Lending Act.
Truth-In-Lending Act
A federal law designed to promote informed use of consumer credit by requiring disclosures about terms and costs.
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