Prime Equity Company extends credit in the ordinary course of its business to consumers.Under the Truth-in-Lending Act,Prime must inform a prospective borrower of

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Under the Truth-in-Lending Act, Prime Equity Company is required to inform a prospective borrower of its own credit terms, including the annual percentage rate (APR), finance charge, and other loan terms. This information helps the borrower compare Prime's offer with other lenders and make an informed decision. The Act does not require Prime to disclose other lenders' credit terms, its financial situation, or the borrower's credit score.

Prime Equity Company Extends Credit in the Ordinary Course of Its