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Ouachita Baptist University

1972

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A Comparative Study Of The Truth In Lending Act, Robert R. Riggins Jan 1972

A Comparative Study Of The Truth In Lending Act, Robert R. Riggins

Honors Theses

Less than two generations ago America discovered mass production. Scarcely one generation ago America discovered mass distribution. In the present generation America is discovering mass finance. But since this adage was written, some forty years ago, America has rapidly progressed out of the discovery stage--it is not well into the application stage.

While many people may regard consumer credit as a relatively new concept, such is not the case. It probably began in the United States early in the nineteenth century (a few years after it was initiated in England), but it has only in recent years acquired such a …