Is the TILA process moral and ethical?
Congress passed the Truth in Lending Act as the nation’s first federal consumer protection statute in 1968. In order to be sure that lenders comply, Congress created a system that allows borrowers to recover damages from lenders who do not comply with the law. By suing the banks under TILA, you are helping to enforce the laws, and you are rewarded for doing that. If it is moral and ethical for the banks to hold you to the law, then it is moral, ethical and a civic duty for you to hold the banks to the law.
