A requirement of the federal Truth in Lending Act (TIL) requires that all installment loan lenders disclose to credit applicants
A) the interest rate expressed as an annual percentage rate (APR) .
B) the finance charge expressed in dollars.
C) the interest rate (as an APR) and the finance charge (in dollars) .
D) neither the interest rate (as an APR) nor the finance charge (in dollars) .
Correct Answer:
Verified
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