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← Lesson
Consumer Protection Laws: The Rights You Already Have
Question 1 of 7
Multiple choice
What does the Truth in Lending Act (TILA) require lenders to disclose?
Only the monthly payment amount — other terms are optional disclosures
The APR, total interest, loan duration, and all fees before you sign — in a standardized format that allows comparison
Just whether the loan is secured or unsecured
The lender's profit margin on the loan
Check answer
