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Home / Opinion / 10CV153 Daniels v. The Equitable Bank, S.S.B.

10CV153 Daniels v. The Equitable Bank, S.S.B.

Consumer Protection TILA It violates the Truth in Lending Act for a lender to have a borrower sign a postdated certificate stating he did not wish to rescind the loan. "First, by having plaintiff sign a post-dated form electing not to rescind, Equitable violated the TILA requirement that it clearly disclose to plaintiff that he could rescind anytime ...

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