Finance
The Truth in Lending Act (TILA) requires lenders to disclose the:
ASeller's net proceeds
BAnnual Percentage Rate (APR)✓ Correct
CBuyer's credit score
DAppraiser's fee
Explanation
TILA (Regulation Z) requires lenders to disclose the Annual Percentage Rate (APR), which reflects the true cost of credit including interest and certain fees, allowing consumers to compare loan costs.
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