Which of the following is NOT considered a trigger term in credit advertisements?

Which of the following is NOT considered a trigger term in credit advertisements?

• A. Amount or % of any down payment
• B. Amount of any payment
• C. The borrower's credit score
• D. Amount of any finance charge

Answer: (C)

In the context of credit advertisements, a trigger term refers to specific information that, when included in an ad, requires additional disclosures to ensure that consumers have a clear understanding of the financing terms being offered. The reason "the borrower's credit score" is not considered a trigger term is that while it can influence the terms of a loan, it does not directly imply any specific terms of the credit arrangement itself. Trigger terms are typically associated with concrete aspects of a loan, such as the down payment amount, the monthly payment, or the finance charge—all of which convey essential information about the terms and conditions of the credit. These terms are critical in understanding the overall cost of financing and thus necessitate additional disclosures to provide clarity to consumers regarding their financing options. Since the borrower's credit score is a variable that affects the interest rates or terms but does not itself detail a specific financing condition, it falls outside the definition of a trigger term. This is why the correct answer to the question is the borrower's credit score.

In the context of credit advertisements, a trigger term refers to specific information that, when included in an ad, requires additional disclosures to ensure that consumers have a clear understanding of the financing terms being offered. The reason "the borrower's credit score" is not considered a trigger term is that while it can influence the terms of a loan, it does not directly imply any specific terms of the credit arrangement itself.

Trigger terms are typically associated with concrete aspects of a loan, such as the down payment amount, the monthly payment, or the finance charge—all of which convey essential information about the terms and conditions of the credit. These terms are critical in understanding the overall cost of financing and thus necessitate additional disclosures to provide clarity to consumers regarding their financing options.

Since the borrower's credit score is a variable that affects the interest rates or terms but does not itself detail a specific financing condition, it falls outside the definition of a trigger term. This is why the correct answer to the question is the borrower's credit score.