According to the Truth-in-Lending Act, which of the following disclosures is NOT required to appear in an advertisement featuring trigger terms?

The Truth-in-Lending Act (TILA) aims to ensure that consumers receive clear and accurate information regarding credit terms when they are advertised. Specific "trigger terms" in advertisements require additional disclosures to help consumers better understand the financial implications of a loan. Trigger terms include specific details that, if mentioned, necessitate further explanations to avoid misleading consumers.

In this context, while loan interest rates, monthly payment amounts, and loan duration are considered trigger terms that lead to additional required disclosures in advertisements, prepayment penalties and rebates do not fall under the primary trigger term requirements. Prepayment penalties are relevant to the overall costs of a loan but are not inherently included in the specific details that must be disclosed alongside the most common trigger terms. Thus, this aspect is correctly identified as not requiring mandatory disclosure when trigger terms are used, differentiating it from the other options that are explicitly covered by TILA.

This understanding highlights the nuance of TILA, ensuring consumers are adequately informed about crucial terms and conditions of loans while recognizing that not all financial elements are treated equally in advertising and disclosure requirements.