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Under the Truth-In-Lending Act Which of the Following Types of Information

Question 53

Multiple Choice

Under the Truth-in-Lending Act which of the following types of information should Kathy have received from ABC Bank?


A) The total amount financed; and the number, amount, and due dates of payments.
B) The total amount financed; the number, amount, and due dates of payments; and the bank policy in the event of a delinquency.
C) The total amount financed; the number, amount, and due dates of payments; and the bank's policy regarding selling loans to other financial institutions.
D) The total amount financed; the number, amount, and due dates of payments; the bank policy in the event of a delinquency; and the bank's policy regarding selling loans to other financial institutions.
E) Only the information she received.

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