Within the 1960s and 1970s, the us government begun to simply take a more active role in managing customer loans.

Within the 1960s and 1970s, the us government begun to simply take a more active role in managing customer loans. The federal government began to take a more active role in regulating consumer loans in the 1960s and 1970s. In 1968, Congress passed the reality in Lending Act (“TILA”) which mandated disclosure of finance costs, […]