What type of loans does Regulation Z specifically target?

Regulation Z, which implements the Truth in Lending Act, specifically targets loans that are secured by real property, such as residential mortgages and home equity lines of credit. The primary purpose of Regulation Z is to promote informed use of consumer credit by requiring clear disclosure of the terms and costs associated with borrowing. This regulation ensures that borrowers are fully aware of their obligations before they commit to a loan, thereby enhancing consumer protection in finance.

While personal loans may fall under certain aspects of consumer protection laws, Regulation Z is particularly concerned with those loans that involve real estate because they often have significant implications for consumers' financial well-being due to the large sums of money involved and the long-term nature of the repayment process. The other types of loans mentioned do not fall under the primary scope of Regulation Z, making loans secured by real estate the correct focus of this regulation.