Heritage Loan Company extends credit in the ordinary course of its business. Under the Truth-in-Lending Act, Heritage must inform potential borrowers of credit terms offered by other lenders. comparative prices for goods to be bought with the borrowed funds. Heritage's credit terms. Heritage's opinion of the borrower's ability to afford the goods to be bought with the borrowed funds
Heritage Loan Company extends credit in the ordinary course of its business. Under the Truth-in-Lending Act, Heritage must inform potential borrowers of credit terms offered by other lenders. comparative prices for goods to be bought with the borrowed funds. Heritage's credit terms. Heritage's opinion of the borrower's ability to afford the goods to be bought with the borrowed funds
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Transcribed Image Text:Heritage Loan Company extends credit in the ordinary course of its business. Under the Truth-in-Lending Act, Heritage must inform
potential borrowers of
credit terms offered by other lenders.
comparative prices for goods to be bought with the borrowed funds.
Heritage's credit terms.
Heritage's opinion of the borrower's ability to afford the goods to be bought with the borrowed funds
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