A, a newly-retired teacher, just received her retirement benefit from GSIS. On her way home, she chanced upon B who is in dire need of money for payment of her household bills, and asked her if she can lend her some money. AlthoughA originally intended her retirement money for travel abroad, she pitied B and offered to lend P20,000.00 to B, on the condition that it shall be paid within 3 months, and with interest. On the 3rd month,B was paying A the amount of P20,500.00, saying that the P500.00 corresponds to the interest. A asked for additional of P1,500 because, she said, the interest she is charging is 10%. Did A violate the Truth in Lending Act? Why or why not?