Engineering High School

If Mark wants to apply for a loan, which federal legislation can he research to make sure his bank is honest with him?

The Truth in Lending Act
The Credit Card Accountability Responsibility and Disclosure Act
The Fair Credit Reporting Act
The Fair Debt Collection Practices Act

Answers

Answer 1

Answer:

The Truth in Lending Act - The requirement that banks must provide their consumer loan customers with a statement of the APR for the proposed loan was established by

Explanation:

Answer 2

The federal legislation that can investigate to establish convinced that Mark's bank is honorable with him is The Truth in Lending Act.

What is the Truth in Lending Act, and how does it work?

The Truth in Lending Act of was founded in the year 1968. It is a federal law in the United States.

The main aim of the act is to promote communicated utilization of consumer credit by necessitating revealings about its positions and complaints.

The Truth in Lending Act is a federal law that can be used to ensure that Mark's bank is being honest with him.

Therefore, option A is correct.

Learn more about the Truth in leading act, refer to:

https://brainly.com/question/16026616

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Answers

Answer:

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Answer:

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