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Truth in Lending Act Recap #realestate #realestateexam #realestatelicense
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Are you familiar with the Truth in Lending Act (TILA)? This federal law requires lenders to disclose important information about a loan's terms and costs to borrowers, such as the annual percentage rate (APR), finance charges, and total payments.
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Truth in Lending Act Recap #realestate #realestateexam #realestatelicense
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