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Truth in Lending Act (TILA): Federal law requiring accurate disclosure of loan terms and conditions, ensuring transparency in lending practices. Essential for confirming final loan payoff amounts and terms.

Fair Credit Reporting Act (FCRA): Federal legislation governing how loan repayment information is reported to credit bureaus and ensuring accurate credit reporting. Relevant for documenting loan satisfaction.

State-Specific Debt Collection Laws: Various state laws that may have different requirements for documenting debt satisfaction and can affect the required content and format of the confirmation letter.

Uniform Commercial Code (UCC): Particularly Articles 3 (Negotiable Instruments) and 9 (Secured Transactions), relevant especially if the loan was secured by collateral.

E-SIGN Act: Electronic Signatures in Global and National Commerce Act ensuring legal validity of electronic signatures and records if the confirmation is being provided electronically.

State Statute of Limitations: State-specific timeframes relevant for record-keeping requirements and affecting how long loan repayment documentation should be maintained.

Internal Revenue Code: Federal tax regulations that may require specific documentation for tax purposes, particularly relevant if the loan was business-related or has tax implications.