Although the Truth in Lending Act (TIL) was actively considered by Congress for the better part of a decade questions of coverage rarely arose, and debate on the scope of the coverage provisions was almost nonexistent. The reasons appear to be twofold. First, as Justice Frankfurter observed, every statute has a “core of indisputable application” about which there is little question, and there was general agreement that certain types of transactions constituting the majority of consumer credit transactions would clearly be covered. Thus the undisputed coverage of the TIL Act was very broad. Second, legislators were preoccupied with debating a number of the substantive provisions that creditors found so objectionable and consumerists thought so necessary that little attention was focused on defining the perimeter of coverage. Moreover, as this paper will show, a number of “fringe” transactions bear at least superficial resemblance to transactions that were clearly to be covered. Thus, creditors might wisely have preferred to take their chances on later interpretations of the scope of coverage by administrators and courts rather than risking a specific congressional resolution. of the coverage issues.