Match the problem to the law
Federal consumer law is not one single rule. The Fair Credit Reporting Act addresses consumer reports and disputes. The Fair Debt Collection Practices Act regulates covered debt collectors. The Truth in Lending Act and Fair Credit Billing Act cover specified credit disclosures and billing-error procedures. The Equal Credit Opportunity Act prohibits covered credit discrimination. The Electronic Fund Transfer Act addresses covered electronic transfers.
Coverage and remedies differ
A law may apply only to particular companies, transactions, debt types, notices, or deadlines. State law can add protections. A harmful event is not automatically a violation, and the same facts may involve more than one law. Preserve the agreement, notice, statement, communication, and date before choosing a response.
Use the current official rule
Start with the CFPB's current regulations and official consumer guidance. For a court deadline, enforcement claim, or individualized strategy, consult a licensed attorney rather than relying on a general summary.
Official sources
Key law references
- FCRA
- FDCPA
- TILA
- ECOA
- EFTA
- FCBA
Educational Use Only