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Federal Laws Govening Credit Card Companies

Federal Laws Govening Credit Card Companies

There are specific federal laws governing credit companies and their practices. These laws have been put in place to protect consumers from unfair collection practices, the dissemination of personal information to other parties from credit card companies and to ensure that account holders understand how finance charges are applied to their accounts. The Equal Credit Opportunity Act ensures that...

How to Fight Credit Card Companies Suing You
Why Is Credit Scoring Used?
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  • Federal Laws Govening Credit Card Companies
    Federal Laws Govening Credit Card Companies Show More

    There are specific federal laws governing credit companies and their practices. These laws have been put in place to protect consumers from unfair collection practices, the dissemination of personal...

  • How to Fight Credit Card Companies Suing You
    How to Fight Credit Card Companies Suing You Show More

    Financial difficulties can sneak up on anyone. Unexpected illness, family emergencies, child birth and even car problems can do serious damage to the best budgets. During hard times, missing credit...

  • Why Is Credit Scoring Used?
    Why Is Credit Scoring Used? Show More

    When you apply for a personal loan, car loan or a mortgage, lenders will consider your credit score when deciding on whether to extend credit. A person's credit score is supposed to be an...