Consumer Loan Agreement

Draft TILA-Compliant Loan Agreements in Minutes

12 minutes with CaseMark

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Upload your documents and get a finished work product in minutes. New accounts get $5 free to run their first skill.

12 minutes with CaseMark

What you'll need

Loan Term Sheet
Borrower and Lender Information

SOC 2 Type II · HIPAA compliant · $5 free credit

Workflow

Overview

CaseMark's Consumer Loan Agreement skill drafts execution-ready, TILA-compliant consumer loan agreements complete with Regulation Z federal disclosure boxes, automated APR and finance charge calculations, and full contractual provisions. It handles fixed-rate consumer installment loans, personal loan contracts, and any consumer credit transaction requiring federal disclosure compliance.

Drafting TILA-compliant consumer loan agreements is painstaking work. Attorneys must manually calculate APR and finance charges within strict tolerances, format federal disclosure boxes with prescribed labels, cross-reference state usury and prepayment laws, and ensure every required consumer notice is included — all while risking costly regulatory violations from a single oversight.

CaseMark automates the entire consumer loan agreement drafting process, from generating a properly formatted Reg Z disclosure box with verified APR calculations to incorporating state-specific default provisions and required consumer notices. The result is a comprehensive, compliance-ready agreement produced in minutes instead of hours, dramatically reducing both drafting time and regulatory risk.

How it works

1. Upload your loan term sheet and borrower/lender details
2. AI generates a TILA-compliant agreement with Reg Z disclosures and APR calculations
3. Review and customize provisions, payment schedules, and state-specific terms
4. Export the execution-ready agreement in your preferred format (DOCX, PDF)

What you get

Federal Truth in Lending Disclosure Box
Loan Terms and Definitions
Payment Schedule
Default and Remedies Provisions
Consumer Notices and Disclosures
Signature and Execution Block

What it handles

Reg Z–compliant federal disclosure box with prescribed labels and formatting
Automated APR and finance charge calculations with tolerance verification
Complete payment schedule generation for uniform, irregular, and balloon structures
Default provisions with state-specific cure periods and deficiency rules
FTC co-signer notices and required consumer protection disclosures
Collateral descriptions with proper identifiers for secured transactions

Required documents

Loan Term Sheet
Summary of loan economics including principal amount, interest rate, term, payment frequency, first payment date, and all fees imposed as a condition of credit
.pdf, .docx, .xlsx
Borrower and Lender Information
Full legal names, addresses, and contact information for lender (including DBA) and all borrowers, co-borrowers, or guarantors
.pdf, .docx

Supporting documents

Collateral Description
Detailed description of collateral with identifiers such as VIN, serial number, or legal property description for secured loans
.pdf, .docx
State Lending Regulations Summary
Applicable state-specific usury caps, prepayment penalty rules, cure periods, and deficiency judgment limitations for the governing jurisdiction
.pdf, .docx
Fee Schedule
Itemized list of all charges imposed as a condition of credit including origination fees, points, document preparation fees, and service charges
.pdf, .docx, .xlsx

Why teams use it

Eliminate hours of manual Reg Z disclosure formatting and APR calculation verification

Reduce compliance risk with automated math checks and prescribed label enforcement

Adapt agreements to state-specific usury, prepayment, and cure period requirements

Generate consistent, professionally formatted loan documents across your entire lending practice

Questions

Does the agreement comply with federal Truth in Lending Act requirements?

Yes. CaseMark generates agreements that follow 15 U.S.C. § 1601 et seq. and 12 CFR Part 1026 (Regulation Z), including the required federal disclosure box with prescribed labels, APR tolerances, and finance charge itemization.

Can CaseMark handle both secured and unsecured consumer loans?

Absolutely. CaseMark drafts agreements for both secured loans (with collateral descriptions including VIN, serial numbers, or legal descriptions) and unsecured personal loans, adjusting provisions accordingly.

How does CaseMark calculate the APR and finance charges?

CaseMark applies actuarial or U.S. Rule methods to calculate APR to at least two decimal places within Reg Z tolerances (±⅛% regular, ±¼% irregular). It also performs a math check to ensure Amount Financed plus Finance Charge equals Total of Payments.

Does the output account for state-specific lending laws?

Yes. When you specify the governing state, CaseMark incorporates applicable usury caps, prepayment penalty rules, cure period requirements, and deficiency judgment limitations into the agreement.

Can the agreement include co-signers or guarantors?

Yes. CaseMark automatically includes the FTC co-signer notice required under 16 CFR Part 444 when a co-signer or guarantor is part of the transaction.

Is the generated agreement ready for execution?

CaseMark produces a comprehensive, execution-ready draft with all required disclosures and provisions. However, as with any legal document, attorney review is recommended before final execution to confirm compliance with your specific circumstances.