The Truth in Lending Act is part of which legislative act?

The Truth in Lending Act (TILA) is indeed part of the Consumer Protection Act. This legislation was designed to promote informed consumer choice by providing clear and concise information about the terms and costs associated with credit, ensuring borrowers understand their financial commitments. By requiring lenders to disclose important information such as interest rates, repayment terms, and any associated fees, TILA aims to safeguard consumers from misleading practices in lending.

Understanding this context helps clarify why this answer is appropriate. The other options, such as the Real Estate Act, Fair Housing Act, and Title Insurance Act, address different aspects of consumer rights and protections in real estate but do not pertain to the specific financial disclosures mandated by TILA. Thus, the inclusion of TILA under the Consumer Protection Act highlights its focus on consumer rights, particularly in the realm of lending and credit.