Truth in Lending Act
E111585
The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Truth in Lending Act canonical | 15 |
| Truth in Lending Act Amendments of 1974 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T931238 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Truth in Lending Act Context triple: [Regulation Z, relatedTo, Truth in Lending Act]
-
A.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
-
B.
Regulation CC
Regulation CC is a U.S. Federal Reserve regulation that governs the availability of funds and the collection and return of checks in the banking system.
-
C.
Home Mortgage Disclosure Act
The Home Mortgage Disclosure Act is a U.S. federal law that requires financial institutions to publicly report data on home mortgage lending to help identify discriminatory lending patterns and ensure fair access to credit.
-
D.
Equal Credit Opportunity Act
The Equal Credit Opportunity Act is a U.S. federal law that prohibits discrimination in any aspect of a credit transaction on the basis of characteristics such as race, sex, marital status, religion, national origin, age, or receipt of public assistance.
-
E.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Truth in Lending Act Target entity description: The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
-
A.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
-
B.
Regulation CC
Regulation CC is a U.S. Federal Reserve regulation that governs the availability of funds and the collection and return of checks in the banking system.
-
C.
Home Mortgage Disclosure Act
The Home Mortgage Disclosure Act is a U.S. federal law that requires financial institutions to publicly report data on home mortgage lending to help identify discriminatory lending patterns and ensure fair access to credit.
-
D.
Equal Credit Opportunity Act
The Equal Credit Opportunity Act is a U.S. federal law that prohibits discrimination in any aspect of a credit transaction on the basis of characteristics such as race, sex, marital status, religion, national origin, age, or receipt of public assistance.
-
E.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
- F. None of above. chosen
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
consumer protection law ⓘ credit disclosure law ⓘ |
| administeredBy | Consumer Financial Protection Bureau ⓘ |
| allows | private right of action by consumers ⓘ |
| amendedBy |
Credit CARD Act of 2009
ⓘ
Dodd–Frank Wall Street Reform and Consumer Protection Act ⓘ Credit CARD Act of 2009 ⓘ
surface form:
Fair Credit and Charge Card Disclosure Act
Home Ownership and Equity Protection Act ⓘ |
| appliesTo |
closed-end credit
ⓘ
consumer credit transactions ⓘ open-end credit ⓘ |
| codifiedIn | Title 15 of the United States Code ⓘ |
| codifiedSections | 15 U.S.C. §§ 1601–1667f ⓘ |
| containsProvision |
ability-to-repay requirements for certain mortgages
ⓘ
special rules for high-cost mortgages ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| coversProduct |
credit cards
ⓘ
home equity loans ⓘ installment loans ⓘ mortgage loans ⓘ |
| dateEnacted | 1968-05-29 ⓘ |
| effectiveDate | 1969-07-01 ⓘ |
| enactedBy | United States Congress ⓘ |
| enforcedBy |
Consumer Financial Protection Bureau
ⓘ
Federal Trade Commission ⓘ federal banking regulators ⓘ |
| excludes | most business-purpose credit ⓘ |
| implementedByRegulation | Regulation Z ⓘ |
| influenced | state consumer credit disclosure laws ⓘ |
| partOf | Consumer Credit Protection Act ⓘ |
| policyGoal | standardization of credit cost disclosures ⓘ |
| previouslyAdministeredBy |
Federal Reserve Board of Governors
ⓘ
surface form:
Federal Reserve Board
|
| providesRemedy |
actual damages
ⓘ
attorney’s fees and costs ⓘ statutory damages ⓘ |
| providesRight | right of rescission for certain home-secured loans ⓘ |
| publicLawNumber | Public Law 90-321 ⓘ |
| purpose |
to promote the informed use of consumer credit
ⓘ
to protect consumers against inaccurate and unfair credit billing and credit card practices ⓘ to require meaningful disclosure of credit terms ⓘ |
| regulationCitation | 12 C.F.R. Part 1026 ⓘ |
| requiresDisclosureOf |
amount financed
ⓘ
annual percentage rate ⓘ finance charge ⓘ payment schedule ⓘ total of payments ⓘ total sale price ⓘ |
| rescissionPeriod | three business days for certain transactions ⓘ |
| shortName | TILA ⓘ |
| signedBy | Lyndon B. Johnson ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Truth in Lending Act Description of subject: The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
Referenced by (16)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Truth in Lending Act Amendments of 1974