Consumer Law
| The Truth in Lending Act - Advertising Consumer Credit - Open-End Credit Disclosures |
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| Under the Truth in Lending Act, if an advertisement for open-end credit contains any of the "triggering terms," the ad must also contain the following information: (1) any minimum, fixed, transaction, activity, or similar charge that could be imposed; (2) any periodic rate that may be applied, expressed as an annual percentage rate; and (3) any membership or participation fee.
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| The Truth in Lending Act - Advertising Consumer Credit - Closed-End Credit and Legal Obligations |
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| In some cases, part of the cost of closed-end credit is paid by the seller. For example, a seller will often "discount" an auto installment agreement to another lender, such as a bank. More... |
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| The Fair Credit Reporting Act - Landlords |
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| Landlords sometimes obtain consumer reports from consumer reporting agencies (CRAs) to evaluate rental applications. When a landlord obtains a consumer report from a CRA for the purpose of evaluating a rental application, the landlord must comply with the Fair Credit Reporting Act.
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| The Safeguards Rule - FTC Recommendations Regarding Information Systems |
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| As part of the Gramm-Leach-Bliley Act, the Federal Trade Commission (FTC) has issued the Safeguards Rule. The Safeguards Rule requires financial institutions to implement a security plan to protect customer information. More... |
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| The Funeral Rule - Required Itemized Costs on the General Price List |
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| The Funeral Rule grants consumers the right to choose the funeral goods and services they want. In order to protect that right, the Rule requires funeral providers to list 16 specified items of goods and services on the General Price List (GPL), together with the price for each item. More... |
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