Finance
The Truth in Lending Act (TILA) requires lenders to disclose the:
AProperty's current market value
BAnnual Percentage Rate (APR) and total cost of credit to borrowers✓ Correct
CBorrower's credit score
DSeller's net proceeds
Explanation
TILA requires lenders to disclose the Annual Percentage Rate (APR) — which reflects the true cost of credit including interest and certain fees — and other loan terms to consumers before they are obligated on the loan.
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