All about investing

Triggering Term

Contents

Decoding Triggering Terms: A Guide to Understanding Credit Advertising

Unveiling the Concept of Triggering Terms

Discover the significance of triggering terms in credit advertising and how they ensure transparency and fairness for consumers. Learn about the role of the Federal Trade Commission in setting and regulating triggering term standards.

Examples and Disclosures: Navigating the World of Triggering Terms

Explore real-world examples of triggering terms and the corresponding disclosures required in credit advertising. Understand the specific terms and phrases that trigger additional disclosures, as well as those that do not.

Special Considerations and Disclosure Strategies

Delve into the importance of carefully reading disclosures to understand the true cost of borrowing money. Learn how credit companies use real-life repayment examples to meet disclosure requirements and empower consumers to make informed financial decisions.