How should advertisements for financing clearly present interest rates?

Presenting interest rates as fixed rates subject to approval is essential for transparency and compliance in advertising financing options. This approach ensures that potential customers receive clear and accurate information regarding the terms of their financing. By indicating that rates are fixed, consumers can understand that these rates will not fluctuate, providing them with a sense of security regarding their payment obligations.

Additionally, stating that the rates are subject to approval informs customers that the final rates may depend on individual credit assessments or other factors. This qualification helps set realistic expectations, preventing misunderstandings that could arise if consumers assume they will qualify for the stated rates without any conditions.

In contrast, the other options lack the necessary clarity or accountability. Presenting rates with no reference to potential changes could mislead customers about the stability of the rates over time. Using average percentages only fails to provide a specific figure that customers can rely on when making financial decisions. Lastly, announcing rates only if customers ask for them could result in critical information being withheld, leading to a lack of informed consent and potentially harming the trust between the dealer and the customer.