The Truth in Lending Act does not:

The Truth in Lending Act (TILA) primarily aims to promote informed consumer decision-making by requiring transparent disclosure of various cost-related information associated with borrowing and lending. While it mandates that lenders disclose important financial metrics like the annual percentage rate (APR) and requires certain loan origination disclosures, it does not have the authority to dictate the actual interest rates that lenders may charge borrowers.

This means that lenders maintain the discretion to set their interest rates based on various factors, such as creditworthiness, market conditions, and lending policies. Thus, the act ensures that consumers are aware of the costs associated with loans, but it stops short of regulating the specifics of interest rates which remain a matter for lenders and the market to determine.

In contrast, the other options pertain to aspects that TILA does enforce, such as the disclosure requirements for annual percentage rates, the necessity of loan origination disclosures, and regulatory oversight of loan terms and conditions.