# Truth in Lending
> **US Federal Reserve System** · Final rule; official staff commentary. · Published 2009-08-14 · Effective 2009-09-14 · 74 FR 41194
## Document
- **Document number:** E9-18548
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 74 FR 41194
- **CFR reference:** 12 CFR 226
- **Publication date:** 2009-08-14
- **Effective date:** 2009-09-14
- **Docket:** Regulation Z
## Abstract

The Board is publishing final rules amending Regulation Z, which implements the Truth in Lending Act (TILA) following the passage of the Higher Education Opportunity Act (HEOA). Title X of the HEOA amends TILA by adding disclosure and timing requirements that apply to creditors making private education loans, which are defined as loans made for postsecondary educational expenses. The HEOA also amends TILA by adding limitations on certain practices by creditors, including limitations on "co-branding" their products with educational institutions in the marketing of private education loans. The HEOA requires that creditors obtain a self-certification form signed by the consumer before consummating the loan. It also requires creditors with preferred lender arrangements with educational institutions to provide certain information to those institutions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2009/08/14/E9-18548/truth-in-lending)
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