Companies that issue credit cards must disclose the APR but not the periodic rate on the monthly billing statement.

Name: Companies that issue credit cards must disclose the APR but not the periodic rate on the monthly billing statement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Companies that issue credit cards are required to disclose both the Annual Percentage Rate (APR) and the periodic rate on the monthly billing statement to inform consumers of the interest rates they are being charged.

Companies That Issue Credit Cards Must Disclose the APR but Not