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Entering into a Credit Transaction

15 January, 2016 - 09:40

LEARNING OBJECTIVES

  1. Understand what statutes regulate the cost of credit, and the exceptions.
  2. Know how the cost of credit is expressed in the Truth in Lending Act.
  3. Recognize that there are laws prohibiting discrimination in credit granting.
  4. Understand how consumers’ credit records are maintained and may be corrected.