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High Court Upholds Damage Cap on Loan Agreements

In an 8-1 ruling, the Supreme Court upholds the $1,000 damage limit under the federal Truth in Lending Act. The case involved a man who was misled while arranging a car loan. The consumer maintained that changes in the law approved by Congress meant that he was entitled to more than the law's original damages cap. Hear NPR's Nina Totenberg.

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Nina Totenberg is NPR's award-winning legal affairs correspondent. Her reports air regularly on NPR's critically acclaimed newsmagazines All Things Considered, Morning Edition, and Weekend Edition.
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