asked 102k views
5 votes
Credit regulations require lenders to

2 Answers

3 votes
Credit Regulators require lenders to must clearly state the APR and total finance charge.
answered
User Bengerman
by
8.3k points
3 votes

Answer:

The correct answer is "Disclose credit terms to borrowers".

Step-by-step explanation:

Credit regulations require lenders to disclose credit terms to borrowers. This means that borrowers must be fully aware of the terms and conditions contained in the loans. To make a good decision, borrowers must have enough information to avoid being cheated or disadvantaged.

Have a nice day!

answered
User Dougnukem
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.