Under Truth-in-Lending, which statement cannot be advertised alone without additional disclosures?

• A. None; no term can be advertised alone
• B. The down payment amount
• C. The total finance charges
• D. The monthly payment

Answer: (A)

Under Truth in Lending, any statement that reveals a cost of credit is a triggering term. If you advertise such a term, you must also include the corresponding disclosures—specifically the annual percentage rate (APR), the total of payments or amount financed, and the repayment terms. This ensures consumers see the full cost of the loan and aren’t misled by a favorable single figure.

The down payment amount, the monthly payment, and the total finance charges all convey the cost of credit, so each one qualifies as a triggering term. Because of that, none of these terms can be advertised alone without the required disclosures.