Articles, tagged with "truth in lending", page 1

What Laws Govern Your Loan?

There are lots of car dealerships, banks, and mortgage lenders out there that are just scams. Some people like to rip people off by tricking them into signing up for stuff they can’t pay for. Other times when a bank or dealership is legitimate it may stil... Read >
Author: jmharmon

The Mortgage Process

The following summary is intended to help you understand the various stages you will encounter from sales contract to settlement. Contract to Application: You have found the right home at the right price in the right location. Now it’s time to focus... Read >
Author: lvanmarter

What to Expect During the Mortgage Process

Ok, so you have decided to buy a home. The mortgage process may scare you some because you're a first time home buyer and have never gone through this process before. Let me put your mind at ease. It's not as complicated as you may think. In this arti... Read >
Author: Jeffrey S. Ragan

How to Lock in Your Rate

Locking the rate on a mortgage means obtaining a lender's commitment that they will make the specified loan at the specified mortgage rate, points and other fees within a specified future period. It used to be quite easy. The problem is that borrowers don... Read >
Author: Andy Sikora

Truth in Lending Act Explanation

The TILA or the Truth in Lending act was created in 1968 as protection to consumers in their transactions with creditors and lenders. The Federal Reserve through several regulations implemented this. The most important feature of the act is the informatio... Read >
Author: sonnix

Purchasing Car Dealer Insurance

Understandably, every business servicing every industry should carry a comprehensive insurance portfolio to protect them against financial loss in the event of a financially damaging claim. While each business may have a different level of risk, car deal... Read >
Author: b3ttburg

Credit Card Balance Transfers Can Reduce Credit Card Expenses

Thanks to lawmakers and federal banking regulators, your credit card monthly statements have to carry more details than before. Credit Card Act of 2009 has mandated certain disclosures. Now the new statements are designed to be more reader-friendly and... Read >
Author: johnkevin

The Truth in Lending Act, Explained

We are all aware of how mortgage loan works. We apply for the loan, we get the needed amount and we pay it. Although this is the general idea of how loans work, there are more underlying information that borrowers need to know, most of which are complex. ... Read >
Author: Roby Price

Investing in a House? Fully understand Your Annual Percentage Rate

Most people don't think too much about their Annual Percentage Rate (APR) because the most important thing in their mind is the monthly payment on their home. But the APR on your home mortgage loan is an important thing to know because it gives you a way ... Read >
Author: Leo Kingston

New Loan Modification Federal Laws

The new loan modification federal laws can uncover fraudulent lenders New loan modification federal laws, which have been approved during last year, have helped homeowners to avoid foreclosure and to make their monthly mortgage loan payments affordable... Read >
Author: ArticleSubmit Auto

Truth in Lending Act R A Law group

R A Law group- Truth in Lending Act (TILA) laws protect consumers with regard to credit transaction. Lenders must provide consumers with the total annual cost of their loan. Most of the disclosure laws that lenders must follow under TILA when making loans... Read >
Author: Alinia

Good Faith Estimate Vs HUD-1

There are a couple of documents you will hear about when you are buying a home. One is the Good Faith Estimate and the other is the HUD-1 Settlement Statement. Aren't they the same thing you may ask? No they are not, although they are used for figuring th... Read >
Author: Jeffrey S. Ragan

The Fair Credit Billing Act is a Boon to Consumers

Credit Card companies are pests to our economy that eat our lives without our knowledge. Credit card companies are money players that twist the laws per their requirement. The Fair Credit Billing Act of 1974 came as a jolt to credit card companies. This A... Read >
Author: robertanderson1

What is a Good Faith Estimate?

You are looking to buy a home and everyone is telling you to make sure and study the Good Faith Estimate. You may be wondering what is this document and why it is important. This document (also called the GFE) is an estimate of the fees and charges ass... Read >
Author: Jeffrey S. Ragan

Possible Violations with your Home loan

Possible Violations in your Mortgage loan TRUTH IN LENDING ACT (TILA) As a part of each and every mortgage transaction, the bank ought to offer the home owner right disclosures at or prior to the time of closing, much like the amount of the finance ... Read >
Author: Brian E

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License