Six Key Federal Laws to Protect Consumers

This course addresses the purpose of these important “Consumer Protection” regulations, which are:

To promote the informed use of Consumer credit by requiring disclosures about its terms and cost.
They issue mandates on how payments and other information must be provided to the public, including signs, advertisements and other bulletins that offer a payment plan.
These regulations also gives Consumers the right to cancel certain credit transactions that involve a lien on a Consumer’s principal dwelling or other personal property loans, such as auto and RV loans.
- RV and Marine “Full Timers” may certainly fall under this provision.
They provide regulations for certain credit card practices.
They provides a means for fair and timely resolution of credit billing disputes.
Prior to a Consumer finalizing a purchase, they are shielded from unfair lending practices, due to provisions of various rules, laws, and regulations.