Truth in Lending Act of 1968

Citation: Truth in Lending Act, Pub. L. No. 90-321 (Title I § 104), 82 Stat. 147 (May 29, 1968), codified at 15 U.S.C. §1601.

The Act limits liability for fraudulent credit card charges to $50.00, in most situations. It also requires "meaningful disclosure" of key information in any consumer credit transaction.