Disclosure of Fice Charges in Credit Extensions

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Republic Act No. 3765: Disclosure of Fice Charges in Credit Extensions

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Title Source: Supreme Court: Disclosure of Fice Charges in Credit Extensions

Law: Republic Act No. 3765

Decision Date: Jun 22, 1963

The Truth in Lending Act is a Philippine law that requires creditors to provide clear written statements to borrowers, disclosing the true cost of credit, in order to protect citizens from uninformed use of credit that may harm the national economy.

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