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High Court Weighs Limits on Truth-in-Lending Act

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High Court Weighs Limits on Truth-in-Lending Act

Law

High Court Weighs Limits on Truth-in-Lending Act

High Court Weighs Limits on Truth-in-Lending Act

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  • <iframe src="https://www.npr.org/player/embed/4061516/4061517" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Supreme Court hears arguments in a case testing a $1,000 cap on damages under the Truth-in-Lending Act. The case before the court involves a single car deal gone bad. But the court's decision could affect billions of dollars' worth of lending deals. Hear NPR's Nina Totenberg.