Consumer Protection Laws Overview

Front

What is the main goal of consumer protection laws?

Back

To protect buyers from fraud and unsafe products

Front

Which federal agency mainly enforces consumer protection laws?

Back

FTC

Front

Which act requires lenders to clearly explain loan terms and interest rates?

Back

TILA

Front

What does the Fair Packaging and Labeling Act ensure?

Back

Clear and honest product labeling

Front

What does the FDCPA protect against?

Back

Harassment by debt collectors

Front

Consumer protection laws exist to help sellers make more profit.

Back

False

Front

The Truth in Lending Act (TILA) helps borrowers understand the cost of credit.

Back

True

Front

If a business lies in advertising, which agency might investigate?

Back

FTC

Front

What can a consumer request under the FDCPA?

Back

Validation of debt

Front

Which act protects your credit report information?

Back

FCRA