CONSUMER CREDIT PROTECTION ACT Archives

consumer credit protection act

Consumer Credit Protection Act. A federal statute that safeguards consumers in the use of credit by (1) requiring full disclosure of the terms of loan agreements, including finance charges, (2) restricting the garnishment of wages, and (3) regulating the use of credit cards. 15 USCA §§ 1601–1693. • Many states have also adopted consum-er-credit-protection acts. […]

Consumer Credit Protection Act

glossary / 《消费者信贷保护法》, CONSUMER CREDIT PROTECTION ACT

Consumer Credit Protection Act 〈美〉《消费者信贷保护法》也称《真实贷款法》〔Truth-in-Lending Acts，简称TILA〕，联邦和州制定法，要求１完全披露贷款协议的条款，包括融资费用；２限制扣押消费者的工资；３规范信用卡的使用方式。 (→annual percentage rate; Equal Credit Opportunity Act; Fair Credit Billing Act; Fair Credit Reporting Acts; Fair Debt Collection Practices Act; Truth-in-Lending Act; Uniform Consumer Credit Code)

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