Which of the following were the goals of TILA and the CARD Act?
How many days did TILA’s right of rescission allow for the voiding of certain loans?
What is the primary function of a credit card?
A credit score can range from 0-800.
Voiding a contract is called.
With an ARM the payment can go up and down depending on rates.
Type of loan where a consumer is given a set amount of money up front and must repay by a certain date.
A type of credit where the consumer is given a credit line and it can be used repeatedly until the maximum is reached.
Rewards are bonuses the card holder receives for using the card.
The amount of borrowed money that has not been repaid from one payment period to the next.
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