The TILA specifies that if a home equity plan involves a variable interest rate,the "index rate" to which changes in the APR are pegged must be based on some publicly available rate and must not be under the creditor's control.
Correct Answer:
Verified
Q3: The main federal body concerned with the
Q4: Much of the information contained in a
Q4: According to the Magnuson-Moss Warranty Act of
Q5: The Federal Trade Commission's (FTC)principal mission is
Q6: The TILA also deals in consumer credit
Q8: If a $100 replacement part for a
Q8: A credit card issuer that fails to
Q9: An in-depth consumer credit report is a
Q9: The Federal Trade Commission is a state
Q10: Corrective advertising is a requirement from the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents