Using the Truth in Lending Act to Challenge Predatory Auto Lending

Fraud at auto dealerships is unfortunately routine in New York and around the country, with dealerships regularly engaging in a  wide variety of deceptive practices.  While many general practitioners are aware of state lemon laws and UCC provisions aimed at providing redress for consumers sold defective vehicles, tools available to help clients who have been treated unfairly with regard to auto financing are sometimes skipped over.

The Truth In Lending Act (TILA) is one such tool and can provide powerful remedies and other litigation advantages that state laws may not provide.

Learning Objectives: 

1. Review relevant provisions of TILA and how they apply to common fact patterns
2. Identify common pitfalls and best practices regarding structuring TILA claims
3. Understand TILA's limitations on assignee liability, and exceptions to these limitations