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Consumer Protection Laws

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Fair Credit Reporting Act (FCRA)

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Enhances the accuracy of credit reports and allows consumers to dispute and correct information that is incomplete or inaccurate.

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Consumer Leasing Act

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Amends the Truth in Lending Act to provide consumers with a uniform and meaningful disclosure of terms regarding personal property leases.

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Lemon Laws

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State laws that provide remedies for consumers of cars and other consumer goods in order to compensate for products that repeatedly fail to meet standards of quality and performance.

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Fair and Accurate Credit Transactions Act (FACTA)

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An amendment to the Fair Credit Reporting Act that is aimed at enhancing consumer protections, including provisions to help reduce identity theft.

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Truth in Lending Act (TILA)

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Aims to promote informed use of consumer credit by requiring disclosures about terms and cost, it also includes rights for consumers and standardizes billing practices.

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Electronic Fund Transfer Act (EFTA)

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Provides consumers with rights and responsibilities when transferring funds electronically, including transfers through ATMs, point-of-sale terminals, and online banking services.

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Identity Theft and Assumption Deterrence Act

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Makes identity theft a federal crime, establishes penalties for thieves, and provides consumer rights to victims of identity theft.

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Real Estate Settlement Procedures Act (RESPA)

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A consumer protection statute focused on the disclosure of estimated settlement costs, and mandates that borrowers receive disclosures at various times in the transaction and outlaws kickbacks that increase the cost of settlement services.

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The Gramm-Leach-Bliley Act (GLBA)

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Also known as the Financial Services Modernization Act of 1999, it requires financial institutions to explain their information-sharing practices to their customers and to safeguard sensitive data.

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Credit CARD Act of 2009

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Aims to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, including the protection from certain interest rate increases.

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National Traffic and Motor Vehicle Safety Act

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Authorized the federal government to set and administer new safety standards for motor vehicles and road traffic safety.

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Dodd-Frank Wall Street Reform and Consumer Protection Act

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Provides stringent financial regulatory measures to reduce risks in the financial system, including the establishment of the Consumer Financial Protection Bureau (CFPB).

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Telephone Consumer Protection Act (TCPA)

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Restricts telemarketing calls and the use of automated telephone equipment, and requires businesses to honor the National Do Not Call Registry.

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Equal Credit Opportunity Act (ECOA)

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Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive public assistance.

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Children's Online Privacy Protection Act (COPPA)

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Restricts the collection of personal information from children under the age of 13 by operators of internet websites and online services.

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Food, Drug, and Cosmetic Act (FDCA)

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Grants the Food and Drug Administration (FDA) authority to oversee the safety of food, drugs, and cosmetics.

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Magnuson-Moss Warranty Act

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A federal law that governs warranties on consumer products, ensuring that manufacturers and sellers provide clear and detailed warranty information.

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Fair Debt Collection Practices Act (FDCPA)

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Prohibits deceptive, abusive, and unfair debt collection practices, and provides consumers with an avenue for disputing and obtaining validation of debt information.

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Fair Credit Billing Act (FCBA)

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A United States federal law designed to protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors in credit card accounts.

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Consumer Product Safety Act (CPSA)

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Establishes the Consumer Product Safety Commission and authorizes the commission to set safety standards for consumer products to reduce the risk of injury.

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