by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
[cite] Back to: LAW, RISK, & TRANSACTIONS Credit Bureau Definition Credit Bureaus, also known credit rating agencies (CRAs), refer to agencies that collect, organize, and disseminate credit information on individuals and to potential and existing creditors. A...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
What is consumer protection law? Consumer protection laws are state and federal laws that serve to protect individual consumers from deception or fraud in the marketplace. A consumer is someone who buys something for personal, family, or household use. These laws...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
[cite] Next Article: Overview of Regulatory Agencies Back to: CONSUMER PROTECTION What major federal laws protect consumers? Consumer protection laws exist at both the federal, state, and local levels. Also, there are numerous private organizations that seek to...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
Next Article: What is the Federal Trade Commission? Back to: CONSUMER PROTECTION REGULATORY AGENCIES Individuals affected by a merchants conduct may bring a civil action against the merchant. Further, numerous regulations exist that allow injured consumers to report...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
Next Article: Truth in Lending Act Back to: CONSUMER PROTECTION Fair Credit Reporting Act – Enforcement The FTC and CFBP enforce the provisions of the FCRA. Further, individuals may bring a cause of action against creditor reporting agencies or credit providers....
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
[cite] [arve url=”https://youtu.be/a2SQ-gCjn9s” title=”Consumer Financial Protections Act” description=”This video explains what is the Consumer Financial Protections Act” /] Next Article: Equal Credit Opportunity Act Back to:...
