Question: Under the Truth in Lending Act ( TILA ) , a creditor can unilaterally terminate a credit plan for a home equity loan and require

Under the Truth in Lending Act

(

TILA

),

a creditor can unilaterally terminate a credit plan for a home equity loan and require immediate repayment of the outstanding balance when a consumer has

__________.

Multiple Choice

paid the installment without the added interest

made material misrepresentations

defaulted on one repayment installment

lost his only source of income

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