The _____ Amended the Truth in Lending Act by Requiring

question 30

Multiple Choice

The _____ amended the Truth in Lending Act by requiring credit card issuers to disclose in a uniform manner the annual percentage rate, annual fees, grace period, and other information on credit card applications.

• A) Fair Credit Reporting Act
• B) Consumer Leasing Act
• C) Truth in Lending Act
• D) Fair Credit and Charge Card Disclosure Act
• E) Credit Card Accountability, Responsibility, and Disclosure Act

---

Definitions:

Taxable Income Interval

A range of income subject to taxation, often determined by tax brackets.

Single Mother

A woman who has a child or children and is raising them without the support of their other parent.

Head of Household

A tax filing status for unmarried individuals who provide the main source of support for one or more qualifying persons in their home.

Taxable Income

The amount of income that is used to calculate how much tax an individual or a company owes to the government.