Triggering terms are defined by the Truth in Lending Act (TILA) (also known as Regulation Z) and are designed to protect consumers from predatory lending practices. List 5 terms if used in advertising credit to consumers that "trigger" a TILA disclosure. (Explain each term in a few words.)
Triggering terms are defined by the Truth in Lending Act (TILA) (also known as Regulation Z) and are designed to protect consumers from predatory lending practices. List 5 terms if used in advertising credit to consumers that "trigger" a TILA disclosure. (Explain each term in a few words.)
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![Triggering terms are defined by the Truth in
Lending Act (TILA) (also known as Regulation Z)
and are designed to protect consumers from
predatory lending practices.
List 5 terms if used in advertising credit to
consumers that "trigger" a TILA disclosure. (Explain
each term in a few words.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb58fc50a-b331-473d-9bb1-82f187c006a0%2F213b11a1-ad14-471e-b082-ed65a04f6daa%2F6bt60sq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Triggering terms are defined by the Truth in
Lending Act (TILA) (also known as Regulation Z)
and are designed to protect consumers from
predatory lending practices.
List 5 terms if used in advertising credit to
consumers that "trigger" a TILA disclosure. (Explain
each term in a few words.)
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