Truth in Lending: What constitutes adequate disclosure in consumer credit?
被引:0
作者:
Camp, PL
论文数: 0引用数: 0
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机构:
Purdue Univ, Dept Consumer Sci & Retailing, W Lafayette, IN 47907 USAPurdue Univ, Dept Consumer Sci & Retailing, W Lafayette, IN 47907 USA
Camp, PL
[1
]
Rowe, BR
论文数: 0引用数: 0
h-index: 0
机构:
Purdue Univ, Dept Consumer Sci & Retailing, W Lafayette, IN 47907 USAPurdue Univ, Dept Consumer Sci & Retailing, W Lafayette, IN 47907 USA
Rowe, BR
[1
]
机构:
[1] Purdue Univ, Dept Consumer Sci & Retailing, W Lafayette, IN 47907 USA
来源:
CONSUMER INTERESTS ANNUAL, VOL 44
|
1998年
/
44卷
关键词:
D O I:
暂无
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
In 1968 the Truth-in-Lending Act became law. The Act was intended to better enable consumers to comparison shop for credit by requiring the disclosure of certain aspects of the loan (e.g., APR, number and amount of payments, total finance charges). It is nevertheless possible for lenders to comply with the requirements under the Truth-in-Lending Act while circumventing its intent. This educational program was designed to assist consumers who are engaging in credit search behavior by exposing those techniques.