What is the purpose of the Truth in Lending Act?
to make consumers aware of identity theft
to keep consumers informed of credit agreements
to make consumers aware of incorrect billing practices
to keep consumers up-to-date on current available interest rates

The Truth in Lending Act of 1968 is meant to promote the informed use of credit. The law requires disclosure of terms and costs of credit agreements. It also standardized the way in which costs are calculated and disclosed. it regulates credit card practices, and provides the means for resolution of credit billing disputes.

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What is the purpose of the Truth in Lending Act? to make consumers aware of identity theft to keep consumers informed of credit agreements to make consumers aware of incorrect billing practices to keep consumers up-to-date on current available interest rates

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What is the purpose of the Truth in Lending Act?
to make consumers aware of identity theft
to keep consumers informed of credit agreements
to make consumers aware of incorrect billing practices
to keep consumers up-to-date on current available interest rates