Finance
Regulation Z implements which consumer protection law?
ARESPA
BECOA
CTILA (Truth in Lending Act)✓ Correct
DHMDA
Explanation
Regulation Z, issued by the Consumer Financial Protection Bureau (CFPB), implements the Truth in Lending Act (TILA). It requires lenders to disclose the cost of credit, including APR, finance charges, and loan terms, to enable informed consumer decision-making.
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