You Have the Right to Remain Protected: Consumer Rights Webinar

There are 8 main consumer rights, as outlined in this infographic:

The law is on your side

In addition to your rights, you will learn about the laws and organizations meant to protect consumers.

Consumer Financial Protection Bureau (CFPB)

“Congress has authorized the CFPB to take legal action against companies and people that violate federal consumer financial law.”

– CFPB website

If a company violates financial laws and you’re the victim, the CFPB can help. Report your complaint through the CFPB’s website. Then, they may be able to help you get back some of the money you lost on a scam.

Telephone Consumer Protection Act (TCPA)

Ever heard of the do-not-call list? This law made it possible. The National Do Not Call Directory is currently managed by the Federal Trade Commission (FTC) and protects you from invasive calls.

Truth in Lending Act (TILA)

This law mandates lenders to use plain, standardized language on their contracts. No more sifting through ultra-confusing, jargon-filled paragraphs to try to figure out how your new loan will affect you. Although we still suggest reading carefully, the TILA makes it much easier.

Credit Repair Organizations Act (CROA)

Unfortunately, there are many predatory credit repair organizations out there. This act takes aim at these predators. According to the law, credit repair businesses can’t charge you upfront and they must give you three days to cancel the contract.

Do you need help with debt and want to avoid getting scammed? The information in this webinar will help you protect yourself, and talking with a certified credit counselor can help even more. Talk to a counselor at Consolidated Credit to get a free debt and budget analysis.