Question

According to the Truth in Lending Act, which of the following is the bank NOT
obligated to inform you of?

A. Interest calculating method
B. Maximum finance charge
C. Annual fee amount
D. APR

Answer 1

According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of is:  A. Interest calculating method.

What is Truth in  lending Acts?

Truth in lending acts is an acts that enables lenders to disclose in  utmost truth  the terms and condition of the loans they offers including all the important or necessary information that a borrower  is expected to know.

The truth in lending acts obligate banks or lenders to inform their borrowers about the following:

• Maximum finance charge
• Annual fee amount
• Annual percentage rate (APR)

Therefore the correct option is A.

Learn more about Truth in lending acts here:https://brainly.com/question/2492099

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