The Truth-In-Lending Act applies to:
A)Commercial credit.
B)Consumer credit.
C)Both of the above.
D)None of the above.

Name: The Truth-In-Lending Act applies to: A)Commercial credit. B)Consumer credit. C)Both of the above. D)None of the above.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

The Truth-In-Lending Act is designed to protect consumers in credit transactions by requiring clear disclosure of key terms and costs, thus it applies to consumer credit.

The Truth-In-Lending Act Applies To