Finance
In Kansas, what federal law requires lenders to disclose the annual percentage rate (APR) to borrowers?
ARESPA
BTruth in Lending Act (TILA)✓ Correct
CEqual Credit Opportunity Act
DFair Housing Act
Explanation
The Truth in Lending Act (TILA) requires lenders to disclose the APR and total cost of credit so borrowers can make informed decisions.
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