Final answer:
Finance companies are subject to disclosure requirements and truth in lending rules to provide accurate and transparent information to borrowers.
Step-by-step explanation:
Regulations that apply to finance companies include disclosure requirements and truth in lending rules. Finance companies are required to provide accurate and transparent information to borrowers, ensuring they understand the terms and conditions of their loans. This helps protect consumers from predatory lending practices and ensures fair treatment.
Finance companies are not subject to a minimum length on loan maturity or minimum specified interest rates on loans provided, as these requirements may vary depending on the specific type of loan or financial product being offered. Additionally, finance companies are not restricted to operating in only one state, as they can operate across state lines.