Which of the following is not a part of the truth in lending requirements?

The correct answer focuses on the components that are directly governed by the Truth in Lending Act (TILA), which aims to promote informed use of consumer credit by requiring disclosures about its terms and cost. Under TILA, lenders must provide a clear loan cost disclosure, maintain application transparency, and ensure accuracy in advertising.

The borrower’s credit history report is not a direct requirement of TILA disclosures. While lenders may consider a borrower’s credit history when making lending decisions and may provide reports or scores to borrowers, this is not a mandated disclosure under the Truth in Lending Act. Therefore, it does not fit within the primary purpose and framework of TILA, which centers more around the conditions and costs associated with obtaining credit rather than the specifics of the individual's credit history.

By accurately delineating these components, it is clear how the chosen answer aligns with the specifics of the Truth in Lending requirements.