Consumer Credit Protection Laws
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Fair Credit Reporting Act
Gives consumers the right to sue any credit borough that violate the rules regarding access to your credit records
Fair Credit Opportunity Act
If a creditor fails to follow the rules that apply to correcting billing errors
Equal Credit Opportunity Act
If you think a creditor has discriminated against you, you can sue for the actual damages caused
Truth in Lending and Consumer Leasing Acts
Permits class action suits if failed to disclose information
Consumer Credit Reporting Reform Act
Places the burden of proof for accurate credit information on the credit boroughs
Credit Card Act
Prevents unfair increases in interest rates and changes in terms
