Brett applies to his bank for a $30,000 loan to purchase a truck for his family's use.This loan is subject to TILA disclosure requirements.

Name: Brett applies to his bank for a $30,000 loan to purchase a truck for his family's use.This loan is subject to TILA disclosure requirements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

TILA (Truth in Lending Act) disclosure requirements apply to most consumer loans, including loans for personal use such as purchasing a truck for family use.

Brett Applies to His Bank for a $30,000 Loan to Purchase