by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
What is the Electronic Communication Privacy Act of 1986 (ECPA)?The ECPA protects individuals against unlawful interception of electronic communications by the Federal Government or individuals. Specifically, it restricts the ability to undertake wire taps, computer...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
What is the Fair Debt Collection Practices Act?The Fair Debt Collection Practices Act (FDCPA) was passed to protect consumers from abusive practices by debt collectors. It establishes limitations on debt collection practices, provides a method for disputing uncertain...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
What is the Fair Credit Billing Act?The Fair Credit Billing Act (FCBA) was passed as an amendment to TILA with the purpose of protecting consumers against unfair billing practices. The FCBA is administered by FTC and applies within the consumers home state or 100...
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
What are Consumer Reporting Agencies?A credit reporting agency is any business that collects information about consumers for the purpose of disseminating that information in connection with credit applications, employment, or other evaluations of the individuals...
by TheBusinessProfessor | Feb 23, 2025 | Consumer Protection
Who are Furnishers of Credit Information?The FCRA places obligations upon creditors who furnish a consumers credit information to a reporting agency. This may include lenders, retailers, collection agencies, etc., that deal with customer credit and report that...
