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.)

Question

M3

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.)
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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