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Which One of the Following Is Not a Key Requirement

Question 20

Multiple Choice

Which one of the following is not a key requirement that a credit provider must include in its pre- contractual statement to a prospective borrower?


A) Details regarding any insurance cover that is to be financed under the credit contract.
B) All credit fees and charges that are or may become payable.
C) Details regarding the credit provider's legal advisers.
D) The method and frequency of interest charges.

Correct Answer:

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