Which of the following is a responsibility under the Truth in Lending Act (TILA)?

Under the Truth in Lending Act (TILA), one of the primary responsibilities is to ensure that customers receive complete information regarding all loan costs. This legislation aims to promote informed use of consumer credit by requiring disclosures about its terms and costs, thereby helping consumers understand the true cost of borrowing.

By mandating that lenders provide clear and comprehensive information, TILA aims to prevent misleading practices and ensure that consumers are aware of the interest rates, fees, and other expenses associated with a loan. This transparency helps borrowers make informed decisions, which is fundamental to the consumer protection goals of the Act.

The other options do not align with the objectives of TILA; offering loans without disclosing interest rates would violate the Act's requirements, allowing clients to discard loan agreements undermines the enforceability of contracts, and providing counterfeit disclosures would be illegal and contrary to the transparency that TILA seeks to uphold. Thus, the correct answer emphasizes the importance of full and clear information as a cornerstone of responsible lending practices.