If you select a photo > then the three dots to the upper right > then View Options you should be able to toggle 'Show Info Overlays' on and off. Would be more useful if you could do this to multiple photos and in the Album settings.
Can't seem to get the toggle to move to off. I agree that a global option will work better as I seem to have about 20% of my photos marked this way.
Try a two finger tap on the photo grid. It will cycle through five states:
1. File type
2. Flags and Ratings
3. Photo info
4. Exit info
5. No overlay
Worked and now I know how to control this.