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Under the Truth in Lending Act, the Term "Finance Charge

Question 11

Multiple Choice

Under the Truth in Lending Act, the term "finance charge":


A) includes all costs related to the extension of credit.
B) includes all costs related to the extension of credit except for fees for credit reports.
C) includes only interest rates but not any other credit charges.
D) does not include loan fees and fees for credit reports.

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