Question

what is the federal law that requires the cost of credit be disclosed to consumers in bold print on loan agreements?○ fair credit reporting act.○ equal credit opportunity act.○ truth in lending act.○ fair debt collection practices act.

Explanation:

The Truth in Lending Act (TILA) is a federal law that mandates lenders disclose key credit costs (like APR) clearly, including in bold print on loan agreements, to ensure consumer transparency. The other acts focus on different credit-related areas: fair credit reporting, equal credit access, and debt collection practices respectively.

Answer:

Truth in Lending Act.