Asked by a
Credit regulations require lenders to
consider only borrowers’ salaries.
disclose credit terms to borrowers.
use borrowers’ personal information.
attract borrowers as they see fit.
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disclose credit terms to borrowers.
Laws such as the Truth in Lending Act require lenders to provide clear disclosures (APR, finance charge, payment schedule, total cost, etc.).
Laws such as the Truth in Lending Act require lenders to provide clear disclosures (APR, finance charge, payment schedule, total cost, etc.).
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