what federal law requires lenders to disclose the annual percentage rate of interest on a loan?\na. truth in…

what federal law requires lenders to disclose the annual percentage rate of interest on a loan?\na. truth in selling\nb. truth in leasing\nc. truth in lending\nd. truth in credit

what federal law requires lenders to disclose the annual percentage rate of interest on a loan?\na. truth in selling\nb. truth in leasing\nc. truth in lending\nd. truth in credit

Answer

Brief Explanations:

The Truth - in - Lending Act requires lenders to disclose key credit terms including the annual percentage rate of interest on a loan. It is a federal law aimed at promoting the informed use of consumer credit by requiring disclosures about its terms and costs.

Answer:

C. Truth in Lending