Volume 4
The Natural Person Requirement
Truth in Lending protections apply to consumers — not entities.
Volume 4 explores one of the most commonly misunderstood elements of TILA enforcement: the natural person requirement.
Even when credit exists and disclosures are defective, the law only applies when the protected party qualifies as a natural person consumer under the statute.
Inside this volume:
• Who qualifies as a consumer under TILA
• Why corporations and entities are excluded
• Joint obligors and co-signers
• Guarantor vs borrower distinctions
• Trusts, estates, and fiduciary roles
This volume teaches readers how to correctly identify the proper party with standing to enforce TILA protections.
