Give Yourself Credit: (guide to Consumer Credit Laws) |
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Page vii
... disclosed ; " annual percentage rate " and " finance charge " ; order of disclosures and use of different ... disclose . 158 ( h ) Offset from amount owed to creditor or assignee ; rights of defaulting consumer . 158 § 1641. Liability of ...
... disclosed ; " annual percentage rate " and " finance charge " ; order of disclosures and use of different ... disclose . 158 ( h ) Offset from amount owed to creditor or assignee ; rights of defaulting consumer . 158 § 1641. Liability of ...
Page
... disclosed ; " annual percentage rate " and " finance charge " ; order of disclosures and use of different ... disclose ....... 158 158 ( h ) Offset from amount owed to creditor or assignee ; rights of defaulting consumer § 1641 ...
... disclosed ; " annual percentage rate " and " finance charge " ; order of disclosures and use of different ... disclose ....... 158 158 ( h ) Offset from amount owed to creditor or assignee ; rights of defaulting consumer § 1641 ...
Page 18
... disclosed to you at the time you obtain the money that there would be a prepayment penalty and refer you to your contract for the details. Remember that in addition to prepayment penalties, some portions of the finance charge, such as ...
... disclosed to you at the time you obtain the money that there would be a prepayment penalty and refer you to your contract for the details. Remember that in addition to prepayment penalties, some portions of the finance charge, such as ...
Page 11
... disclose that fact clearly and conspicuously . Why would a merchant rather have a cash purchase than a credit card purchase ? A merchant must pay the company that issues your credit card a percentage of the amount of the purchase made ...
... disclose that fact clearly and conspicuously . Why would a merchant rather have a cash purchase than a credit card purchase ? A merchant must pay the company that issues your credit card a percentage of the amount of the purchase made ...
Page 16
... disclose to you the cost of a loan as an annual per- centage rate . The APR is the relative cost of credit in percentage terms and is your key to comparing loan costs . This chapter dis- cusses the important features every borrower ...
... disclose to you the cost of a loan as an annual per- centage rate . The APR is the relative cost of credit in percentage terms and is your key to comparing loan costs . This chapter dis- cusses the important features every borrower ...
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Common terms and phrases
82 Stat added Pub Amendment by Pub amount annual percentage rate automated teller machine bank billing cycle billing error Board card issuer chapter charge card checking account clauses compliance comply computing consumer credit plan Consumer Leasing consumer reporting agency consumer's cost court credit account credit bureau credit card credit file credit history Credit Opportunity Act credit report credit transaction Credit Union creditworthiness debt collector denied credit deposit determined disclosed disclosures required dispute electronic fund transfer end consumer credit enforcement Equal Credit Opportunity extension of credit Fair Credit Federal Reserve System Federal Trade Commission fees finance charge financial institution income interest rate lender liability loan ment monthly payments mortgage note under section notice notify obligor open end consumer period person purchase reasonable receive regulations request savings account SECTION REFERRED SECTIONS This section spouse statement subchapter sumer tion violation
Popular passages
Page 160 - It is the purpose of this title to require that consumer reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, and other information in a manner which is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such information in accordance with the requirements of this title.
Page 185 - System, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 101 - The Congress finds that economic stabilization would be enhanced and the competition among the various financial institutions and other firms engaged in the extension of consumer credit would be strengthened by the informed use of credit. The informed use of credit results from an awareness of the cost thereof by consumers. It is the purpose of this title to assure a meaningful disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available...
Page 111 - Currency; (B) Member banks of the Federal Reserve System (other than national banks), by the...
Page 185 - ... (2) in the case of any successful action to enforce the foregoing liability, the costs of the action together with a reasonable attorney's fee as determined by the court.
Page 178 - State government or unit of general local government is engaged in a pattern or practice in violation of the provisions of this section, the Attorney General may bring a civil action in any appropriate United States district court for such relief as may be appropriate, including injunctive relief.
Page 157 - Board shall by regulation exempt from the requirements of this chapter any class of credit transactions within any State if it determines that under the law of that State that class of transactions is subject to requirements substantially similar to those imposed under this chapter or that such law gives greater protection to the consumer, and that there is adequate provision for enforcement.
Page 171 - ... any report in which a person who has been requested by a third party to make a specific extension of credit directly or indirectly to a consumer conveys his decision with respect to such request, if the third party advises the consumer of the name and address of the person to whom the request was made and such person makes the disclosures to the consumer required under any applicable federal or state law or regulation.
Page 166 - Whenever credit or insurance for personal, family, or household purposes, or employment involving a consumer is denied or the charge for such credit or insurance is increased either wholly or partly because of information contained in a consumer report Pt.
Page 190 - These regulations may contain such classifications, differentiations, or other provisions, and may provide for such adjustments and exceptions for any class of transactions, as in the judgment of the Board are necessary or proper to effectuate the purposes of this title, to prevent circumvention or evasion thereof, or to facilitate compliance therewith.