consumer-loan-tila

Drafts TILA-compliant consumer loan agreements with Regulation Z disclosure boxes, APR/finance charge calculations, and enforceable terms for secured and unsecured consumer credit. Use when drafting consumer loan agreements, TILA disclosure documents, promissory notes for consumer credit, or Reg Z compliant financing contracts.

Zur Installation springen

Repository: ThomasMoreAI/legal-skills-open
Letzte Quellaktivität: 27. Mai 2026 um 14:27
Erkannte Sprache von SKILL.md: Englisch
Sterne: 40
Forks: 4

Installationsoptionen

Standardmäßig ist der Prompt ausgewählt, der zuerst die Quelle prüft. Sie können zu einem direkten Befehl wechseln oder eine lokale Kopie herunterladen.

Mit Codex oder Claude installieren Kopieren Sie diesen Prompt, fügen Sie ihn in Codex, Claude oder einen anderen Assistant ein und lassen Sie die Skill-Seite prüfen und installieren.

Ein direkter Befehl überspringt den Prüf-Prompt. Prüfen Sie die Quelle, bevor Sie ihn ausführen.

npx skills add https://github.com/ThomasMoreAI/legal-skills-open --skill consumer-loan-tila

Der Befehl bleibt in einer Zeile. Scrollen Sie horizontal, um ihn vor dem Kopieren vollständig zu prüfen.

Sie bevorzugen eine lokale Kopie? Laden Sie die Dateien herunter, die SkillsMP derzeit vorliegen.

Quelldateien prüfen

Lesen Sie SKILL.md und alle von SkillsMP angezeigten Begleitdateien, bevor Sie sich für eine Installation entscheiden.

SKILL.md

Quellanweisungen · Schreibgeschützte Vorschau

Zurück zur Suche Zurück zur Installation

Consumer Loan Agreement (TILA Compliant)

Generates a consumer loan agreement satisfying Truth in Lending Act (15 U.S.C. § 1601 et seq.) and Regulation Z (12 CFR Part 1026) disclosure requirements.

Prerequisites

Gather before drafting:

Borrower — full legal names, addresses, co-borrowers/guarantors
Lender — legal entity name, DBA, address, regulatory filings
Loan terms — principal, interest rate, term, payment frequency
Fees — origination, points, doc prep, service charges
Collateral (if secured) — make/model/VIN for personal property; legal description for real property
State/institutional requirements — notice clauses, jurisdictional restrictions
Ancillary products — credit insurance or debt protection elections

Document Architecture

Section	Purpose
TILA Disclosure Box	Mandatory Reg Z disclosures — must appear first on page 1
Loan Terms & Conditions	Substantive contractual provisions
Default, Acceleration & Remedies	Events of default, cure rights, lender remedies
Insurance & Payment Application	Collateral insurance, force-placed coverage, payment waterfall
Special Notices	SCRA, FTC co-signer, state-specific notices
Execution & Signatures	Acknowledgments, signature blocks, copy delivery

Core Workflow

Step 1 — TILA Disclosure Box

Heading: "FEDERAL TRUTH IN LENDING DISCLOSURES" — bold, ≥2pt larger than body, visually segregated, page 1 before all other terms.

Use these exact Reg Z labels:

Label (verbatim)	Content
"Annual Percentage Rate (The cost of your credit as a yearly rate)"	Actuarial/US Rule method; ≥2 decimals; accurate within ⅛ of 1% `[VERIFY tolerance for transaction type]`
"Amount Financed (The amount of credit provided to you or on your behalf)"	Net credit minus prepaid finance charges; include financed ancillary products
"Finance Charge (The dollar amount the credit will cost you)"	Total dollar cost: interest + fees + points + charges; itemize major components
"Total of Payments (The amount you will have paid after you have made all payments as scheduled)"	Amount Financed + Finance Charge
"Payment Schedule (Your payment schedule will be)"	Uniform: number × amount × frequency + first date. Irregular/balloon: full table

Cross-verify: Amount Financed + Finance Charge = Total of Payments. Payment schedule must sum to Total of Payments.

Step 2 — Substantive Loan Terms

Parties and promise — full legal names, fundamental obligation
Loan purpose — "personal, family, or household purposes" or state-required specific purpose
Prepayment rights — penalty-free or penalty terms (conditions, duration, calculation, maximum, state compliance)
Late charges — amount/percentage, grace period (10–15 days typical), single-assessment rule, no compounding, state caps
Collateral (secured) — personal property: make/model/year/serial/VIN/location; real property: legal description + street address; borrower covenants: maintain condition, no liens, maintain insurance, no unauthorized transfer
Unsecured statement (unsecured) — affirmative disclosure that no collateral secures the obligation

Step 3 — Default & Remedies

Events of default: (1) missed payment, (2) failure to maintain required insurance, (3) bankruptcy/insolvency, (4) material misrepresentation, (5) borrower death if loan does not survive, (6) collateral impairment.

Include:

State-required notice of default and right to cure (period + delivery method)
Acceleration clause with applicable notice requirements
Collateral remedies: repossession (judicial/self-help per state law), commercially reasonable sale, proceeds waterfall (costs → interest → principal → surplus to borrower), deficiency rights
Attorney's fees and collection costs where state law permits

Step 4 — Payment Application Waterfall

"We will apply each payment first to unpaid late charges, then to accrued but unpaid interest, then to principal, and finally to any other charges or fees owed under this Agreement."

Step 5 — Regulatory Notices

Trigger	Notice
All transactions	Borrower acknowledgment of receipt of agreement and TILA disclosures
Servicemember borrower	SCRA notice — potential 6% rate cap on pre-service obligations
Co-signer/guarantor not receiving proceeds	FTC co-signer notice (verbatim): "You are being asked to guarantee this debt. Think carefully before you do. If the borrower does not pay the debt, you will have to. Be sure you can afford to pay if you have to, and that you want to accept this responsibility. You may have to pay up to the full amount of the debt if the borrower does not pay. You may also have to pay late fees or collection costs, which increase this amount."
State-specific	Right-to-cure, pre-repossession, redemption rights — use verbatim statutory language

Step 6 — Execution

Acknowledgment above signatures: receipt of completed copy, opportunity to seek counsel, agreement to be bound
Separate signature blocks (printed name, signature, date) for each borrower, co-borrower, guarantor (with FTC notice), and authorized lender officer (name + title)
Lender delivers executed copy at signing

Pitfalls & Checks

APR calculation: Use actuarial method per Reg Z Appendix J; verify tolerance for transaction type
State law overlay: Check usury limits, prepayment penalty restrictions, deficiency judgment limitations, force-placed insurance rules, additional disclosure requirements
Force-placed insurance: Disclose that lender-placed coverage may cost more than borrower-obtained coverage
Formatting: ≥10pt body; ≥12pt bold TILA heading; numbered provisions; consecutive pages; header/footer with document title, borrower name, date
Do not include jury-trial waiver, class-action waiver, or mandatory arbitration without explicit instruction and state-law permissibility analysis
Tag [VERIFY] on any statutory citation or regulatory reference you cannot independently confirm

name	consumer-loan-tila
title	Consumer Loan Agreement (TILA Compliant)
description	Drafts TILA-compliant consumer loan agreements with Regulation Z disclosure boxes, APR/finance charge calculations, and enforceable terms for secured and unsecured consumer credit. Use when drafting consumer loan agreements, TILA disclosure documents, promissory notes for consumer credit, or Reg Z compliant financing contracts.
author	CaseMark
author_url	https://github.com/CaseMark/skills/tree/main/skills/legal/consumer-loan-tila
license	Apache-2.0
version	0.1.0
execution_mode	open