The law that ensures that credit is extended to creditworthy borrowers, and prohibits discrimination based on race or sex in the
A) Truth in Lending Act
B) Community Reinvestment Act
C) Equal Credit Opportunity Act
D) Financial Institutions Reform, Recovery, and Enforcement Act
Correct Answer:
Verified
Q53: Which of the following method for assessing
Q54: The APR is
A) the average rate paid
Q55: Assume a single-payment $1,000 loan for one
Q56: Which of the following methods of computing
Q57: Given a $15,000, 3 year loan at
Q58: Borrower's risk of using adjustable rate consumer
Q59: Interest rate rebates on installment loans paid
Q61: The law that requires public disclosure of
Q62: Credit card loan applications cannot ask questions
Q63: Applicants who have been denied credit have
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