Which Federal law regulates the advertisement of a lender's credit terms?

The regulation that specifically governs the advertisement of a lender's credit terms is Regulation Z. This regulation implements the Truth in Lending Act, which aims to promote informed consumer credit decisions by requiring clear and straightforward disclosures regarding terms and costs of loans. Regulation Z mandates that lenders provide certain information about credit terms in their advertisements, ensuring that consumers can compare credit offers effectively and understand the implications of borrowing. This includes clear statements regarding interest rates, fees, and other financial charges.

While the Truth in Lending Act sets the foundation for these requirements, it is Regulation Z that provides the detailed rules and implementations necessary for compliance in advertisements. The other laws listed, such as the Equal Credit Opportunity Act and the Fair Housing Act, focus on preventing discrimination in lending and ensuring fair housing practices, rather than specifically regulating credit advertising.