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Which one of the following statements expresses the purpose of the federal Truth-in-Lending Act? a. To require lenders to charge a reasonable rate of interest.

Which one of the following statements expresses the purpose of the federal Truth-in-Lending Act?

a.

To require lenders to charge a "reasonable" rate of interest.

b.

To help small business.

c.

To provide consumers with the information necessary to make the best credit decisions.

d.

To help lenders avoid differences in interest limits from various state usury laws.

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