Which of the Following Statements Expresses the Purpose of the Truth-In-Lending

question 45

Multiple Choice

Which of the following statements expresses the purpose of the Truth-in-Lending Act?

• A)to require lenders to charge a "reasonable" rate of interest
• B)to regulate interest rates and terms of loans
• C)to provide consumers with information necessary to make the best credit decision
• D)to help lenders limit state laws

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