What must be clearly disclosed during a retail installment sale?

During a retail installment sale, it is essential to clearly disclose the financing charges. This includes any interest rates or fees that the buyer may incur over the term of the financing agreement. Understanding financing charges is crucial for consumers, as it directly impacts the total amount they will pay for the purchase over time. Transparency regarding these charges enables buyers to make informed financial decisions and compare different financing offers.

The other options, while potentially relevant in certain contexts, are not mandatory disclosures during a retail installment sale. For example, the customer’s credit score is sensitive personal information and is not typically required to be disclosed in a retail installment transaction. Similarly, personal information about the customer should be protected under privacy laws, and disclosing the dealership’s profit margin might not be necessary for the sale process itself. Overall, the clarity regarding financing charges is a key consumer protection measure in retail installment sales.