In real estate finance and consumer credit law, Regulation Z is a federal regulation issued under the Truth in Lending Act. It requires lenders to disclose in writing all costs and terms associated with the credit portion of a transaction.
Regulation Z is designed to promote informed use of credit by ensuring that borrowers understand interest rates, fees, and other finance charges. By standardizing disclosures, it allows consumers to compare credit terms more easily across different lenders and loan products.
