Can state law require additional disclosures beyond those mandated by TILA, Reg. Z?

State law can indeed require additional disclosures beyond those mandated by the Truth in Lending Act (TILA) and Regulation Z. This is due to the fact that TILA sets a federal baseline for disclosure requirements regarding lending practices, but states have the authority to enact their own laws that are stricter than federal standards. These additional state regulations can be aimed at enhancing consumer protection, providing greater transparency, or addressing specific market conditions unique to that state.

For example, a state may mandate disclosures about certain fees or terms that TILA does not require, thereby offering borrowers more comprehensive information when making lending decisions. This flexibility allows states to tailor their lending laws to better protect consumers based on local needs. Federal law does not preempt these state laws as long as they do not conflict with TILA or create a violation of the established federal requirements.