Finance
A Nebraska lender who violates the Truth in Lending Act's disclosure requirements may face:
ACriminal charges only
BCivil liability including actual damages, statutory damages, and attorney's fees✓ Correct
COnly loss of their banking license
DA $100 administrative fine
Explanation
TILA violations expose lenders to civil liability including actual damages sustained by the consumer, statutory damages, court costs, and attorney's fees. Criminal penalties may apply for willful violations.
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