Consumer Credit Laws
There are laws in place to protect consumers against unfair credit practices like billing statement errors, debt collection, credit repair, and credit reporting.
The Credit Card Fair Fee Act of 2008
A bill proposed by Rep. John Conyers (D-Mich) and Rep. Chris Cannon (R-Utah) that would allow businesses to negotiate their credit card transaction fees.
A bill proposed by Rep. John Conyers (D-Mich) and Rep. Chris Cannon (R-Utah) that would allow businesses to negotiate their credit card transaction fees.
FTC Lawsuit Against CompuCredit and Jefferson Capital
The Federal Trade Commission sues credit card marketer for deceptive marketing practices. On June 10, 2008 the suit was failed against CompuCredit and subsidiary, Jefferson Capital for false advertising.
The Federal Trade Commission sues credit card marketer for deceptive marketing practices. On June 10, 2008 the suit was failed against CompuCredit and subsidiary, Jefferson Capital for false advertising.
Filing a Complaint Against a Credit Business
When your rights are violated by a business in the credit industry - whether it's bank, credit bureau, collection agency, or credit repair company - there are several legal entities you can complain to.
When your rights are violated by a business in the credit industry - whether it's bank, credit bureau, collection agency, or credit repair company - there are several legal entities you can complain to.
Reporting FDCPA Violations
The Fair Debt Collection Practices Act has strict guidelines about what debt collectors can and cannot do. As a consumer, it’s important that you’re aware of these guidelines, even if you don’t have any accounts that are currently in collections.
The Fair Debt Collection Practices Act has strict guidelines about what debt collectors can and cannot do. As a consumer, it’s important that you’re aware of these guidelines, even if you don’t have any accounts that are currently in collections.
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 introduced major changes to the way consumers filed bankruptcy.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 introduced major changes to the way consumers filed bankruptcy.
Credit Repair Organizations Act Overview
The Credit Repair Organization Act was put in place to protect consumers from unscrupulous practices by organizations who claim to repair credit. The Act seeks to ensure that consumers who decide to use credit repair services are aware of their rights and are able to make an informed decision about choosing to pay a credit repair company.
The Credit Repair Organization Act was put in place to protect consumers from unscrupulous practices by organizations who claim to repair credit. The Act seeks to ensure that consumers who decide to use credit repair services are aware of their rights and are able to make an informed decision about choosing to pay a credit repair company.
How to Contact the FTC
When your rights under any of the several consumer credit laws have been violated, like a FDCPA violation, you should inform the FTC.
When your rights under any of the several consumer credit laws have been violated, like a FDCPA violation, you should inform the FTC.
Debt Collection Laws
Debt collectors aren't free to take whatever means necessary to collect a debt. In fact, they are governed by federal laws. Being aware of these laws helps protect you from the unscrupulous practices of certain debt collectors.
Debt collectors aren't free to take whatever means necessary to collect a debt. In fact, they are governed by federal laws. Being aware of these laws helps protect you from the unscrupulous practices of certain debt collectors.