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Consumer Credit Protection Laws

Consumer credit protection laws are designed to safeguard borrowers from unfair lending practices and promote transparency in the credit marketplace. These laws establish rules for credit reporting, debt collection, and lending disclosures. Key legislation includes the Fair Credit Reporting Act and the Truth in Lending Act, which ensure consumers are informed about their rights. Understanding these laws helps consumers make informed borrowing decisions and protects them from predatory practices. Stay informed and empowered in your financial journey.

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Consumer Credit Protection Laws

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