Get the POWER of PRO!
Support Center > Knowledge base> Article: What is the truth in lending agreement?

What is the truth in lending agreement?

Article ID: 34165 Email Print
Question
What is the truth in lending agreement?

Answer

Tax preparers that offer bank products must disclose the terms of the loan in the truth in lending agreement (TILA).  Before the bank product is processed the taxpayer must sign the TILA and agree to the terms of the loan.

 


related articles

Article Details
Views: 217 Created on: Jun 15, 2013
Date updated: Sep 25, 2015

Poor Outstanding