1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serg [7]
3 years ago
13

What is the purpose of the Truth in Lending Act?

History
2 answers:
Firdavs [7]3 years ago
3 0
To promote the informal use of consumer credit. 
balandron [24]3 years ago
3 0

Answer:

The purpose of the Truth in Lending Act of 1968 was to protect consumer rights when deciding to apply for credit by forcing financial institutions to release information on terms and conditions of banking loans and to disclose how a credit cost is calculated, as well as to allow consumers to cancel certain credit transactions, when the circumstances required it.

This Act, which is better known as TILA, was passed on May 29th, 1968 and it managed to regulate the way that information on consumer credits was being delivered to consumers before they decided to acquire such credit. The main purpose of the Act was to protect consumers from unknown information on loans that could endanger their financial security and credit history.

You might be interested in
No matter how powerful their military force, all empires delegated regional power to local leaders in some manner, suggesting th
blagie [28]

Answer:

Military Characteristics

1. Military strength, including the introduction of new military technologies, and their effective use

2. Farming colonies on the empire's periphery

3. visual expressions of the authority of his power, literary and ritual, constructed on a religious basis

Explanation:

Many American Revolution leaders embraced the concept of an empire growing up in a new country. The concept was consistent with a republic; it meant scale and good influence. As early as 1778 David Ramsay, South Carolina's Continental Congress delegate, wrote that the uniqueness of this continent of the Americas was the basis for a world that was to turn into "The Macedonians, Romans, and British insignificance." A popular "empire of independence" was envisaged for Thomas Jefferson, who protected the vast corridors of the valleys Mississippi and Missouri.

5 0
3 years ago
Find the values of x and y using the given chord, secant, and tangent lengths.
givi [52]

Answer: it’s 11.2 and 5.0

Explanation:

4 0
3 years ago
Activity
xxMikexx [17]

Answer:

usjajsjsjsjjsjsjsjskksks

6 0
3 years ago
Which of the following statements is true?
ozzi

Answer:

The Charter of the United Nations created an international organization devoted to protecting human rights and diplomacy around the world.

5 0
2 years ago
Who was nelson Mandela​
notsponge [240]

Answer:

former president of south Africa

3 0
3 years ago
Read 2 more answers
Other questions:
  • hey do you knoww these 2 questions and how to answer them - What was established in the case of Miranda v. Arizona? How does thi
    9·1 answer
  • Which of the following makes a true statement? A. In the 2000 presidential election, Florida had 25 electoral votes. Now it has
    11·2 answers
  • If you were the leader of a Latin American country, how do you think you would feel about Roosevelt's message ?
    8·1 answer
  • If a train were traveling from Tennessee to South Carolina in 1850, what other state would it pass through?
    11·2 answers
  • The Congress, whenever two thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution . . . wh
    14·1 answer
  • There is a baseball in my driveway. My car windshield is broken . Someone playing ball. Someone playing ball must have shattered
    11·1 answer
  • What does Mrs.johnson want Lincoln to do
    15·2 answers
  • After which event is the nation represented in this map?
    10·1 answer
  • How did the Roman army's organization and training lead to success?
    10·1 answer
  • Why did the US government feel the need to develop a nuclear weapon? What was the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!