One of the primary purposes of the federal Consumer Credit Protection Act is to
A) require creditors to specify how finance charges are computed.
B) grant certain rights to credit applicants regarding credit reports.
C) inform consumers about all forms of credit available to them.
D) specify what information a customer's employer can release about him/her.

Question

Quizplus · Accepted Answer

The Consumer Credit Protection Act specifically includes the Truth in Lending Act, which requires creditors to disclose the finance charges associated with a credit transaction and how they are computed.

One of the Primary Purposes of the Federal Consumer Credit