The law that requires full disclosure of credit terms and which promotes the informed use of credit is the ______________________ Act.This law requires banks to report the APR of the loan,the dollar amount of all finance charges and,where appropriate,all fees.
Correct Answer:
Verified
Q1: When a borrower receives a loan at
Q2: A rule of thumb used to determine
Q3: The _ Act permits consumers to dispute
Q5: The purchase of a house or a
Q6: A(n)_ loan is a short-term or a
Q7: The fact that a consumer feels a
Q8: The interest rate method that adds the
Q9: The right of _ allows a bank
Q10: Household borrowings tend to be relatively interest
Q11: Short-term credit to finance the building of
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