Which of the following requires creditors to provide applicants with accurate and complete credit costs and terms?
A) Fair Debt Collection Practices Act
B) Truth in Lending Act
C) Equal Credit Opportunity Act
D) Fair Credit Reporting Act
E) Telephone Consumer Protection Act

Question

Quizplus · Accepted Answer

The Truth in Lending Act requires creditors to provide applicants with accurate and complete credit costs and terms, ensuring consumers are fully informed about the credit terms and costs they are agreeing to.

Which of the Following Requires Creditors to Provide Applicants with Accurate