Fair Credit and Charge Card
Disclosure Act
|
Amendments to
Truth In Lending Act that require the disclosure of the costs
involved in credit card plans that are offered by mail,
telephone or applications distributed to the general public.
|
|
|
Federal
legislation that provides a specific error resolution
procedure to protect credit card customers from making
payments on inaccurate billings.
|
Fair Credit Reporting Act
|
Federal
legislation governing the actions of credit reporting
agencies. See
Link to Act
|
Fair Debt Collection
Practices Act
|
Federal
legislation prohibiting abusive and unfair debt collection
practices.
|
|
|
Amount of
interest. Finance charges are usually included in the monthly
payment total.
|
|
|
An annual
percentage rate that does not change.
|
