Lending Law
/ˈlɛndɪŋ lɔː/
Definitions
- (n.) The body of law governing the conditions, rights, and obligations related to the extension of credit by lenders to borrowers.
Lending law regulates how banks must disclose the terms of a loan to the borrower.
Forms
- lending law
- lending laws
Related terms
See also
Commentary
Lending law often intersects with consumer protection statutes and is subject to federal and state regulations; precise terminology may vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.