Truth in Lending Legislation Requires Lenders to Tell You the APR

question 157

True/False

Truth in Lending legislation requires lenders to tell you the APR on your loan.

---

Definitions:

Sentient Being

An entity that has the capacity to experience feelings and sensations, such as pain and pleasure.

Well-Being

A state of comfort, health, or happiness that individuals or groups experience.

Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity, as defined by the World Health Organization.

Peter Singer

A philosopher known for his work in bioethics and effective altruism, emphasizing utilitarian ethical theories.