Under the Truth in Lending Act, the finance charge includes

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The main idea is that the finance charge is the total dollar amount you must pay to obtain credit. Under the Truth in Lending Act, this includes the interest that accrues and the fees charged by the creditor or tied to getting the loan—such as origination charges, points, and certain closing costs. In short, it’s the actual dollar cost of financing, not a rate or a payment plan. The annual percentage rate is a yearly rate derived from the finance charge and loan amount, not a charge itself. The payment schedule describes when payments are due, and the creditor’s identity is simply who provides the funds. So, the finance charge being interest and fees makes it the best answer.