What are some of the Federal Consumer protection laws?
At The Law Office of Tony Turner, attorney Tony Turner is often asked, “What are some of the Federal Consumer protection laws?”
- The Credit Repair Organizations Act– The Credit Repair Organizations Act is an act that mandates credit repair organizations give you a copy of your rights as a consumer before you sign a contract. The credit repair organization must also give you a written contract that details your rights and responsibilities, and are not obligated to pay them until they have fulfilled their obligations.
- The Fair Credit Reporting Act (FCRA)– FCRA promotes the accuracy, fairness, and privacy of information maintained and reported by credit agencies.
- The Equal Credit Opportunity Act (ECOA)– The ECOA prohibits creditors from discriminating against applicants based on sex, race, color, marital status, religion, national origin, age, receipt of public assistance, or prior exercise of any rights under the Consumer Credit Protection Act.
- The Fair Credit Billing Act (FCBA) and Electronic Fund Transfer Act (EFTA)– Established procedures for resolving mistakes on credit billing and electronic fund transfer account statements such as credit and debit cards.
- The Fair Debt Collection Practices Act (FDCPA) – FDCPA prohibits debt collectors from using unfair, deceptive, or abusive practices to collect