According to the Truth in Lending Act, what must a lender NOT disclose?

The Truth in Lending Act (TILA) requires lenders to disclose certain key terms of a loan, which includes important information about borrowing costs that consumers will face. This includes the interest rate, loan fees, and the annual percentage rate (APR).

In this context, title fees are not required to be disclosed under TILA in the same manner as interest rates, loan fees, and APR. Title fees are related to the title insurance and other aspects of the closing process, and they aren’t considered part of the main terms of borrowing that TILA is primarily concerned with for the purpose of ensuring clear and transparent communication to borrowers about the costs they will incur through the loan.

Therefore, the correct answer highlights that lenders are not obligated to specifically disclose title fees under the Truth in Lending Act, distinguishing them from other key pricing aspects of the loan that must be clearly stated. This understanding is crucial for borrowers to interpret what information they are entitled to receive when entering into a lending agreement.