Terms Used In New Jersey Statutes 56:11-8

  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
With respect to any inconsistencies between the provisions of this act and the “Fair Credit Billing Act” (Public Law 93-495, 58 Stat. 1511) comprising Title III of the Federal Truth in Lending Act (Public Law 90-321, 82 Stat. 146, 15 U.S.C. § 1601 et seq.) conduct in compliance with said Federal law and regulations shall be deemed and construed to be conduct in compliance with the provisions of this act.

L.1975, c. 94, s. 4, eff. May 14, 1975.