The Fair Credit Reporting Act - Consumer Rights

The Fair Credit Reporting Act is a federal law that grants certain rights to consumers. A consumer has the right to know what is in his credit report.

Magnuson-Moss Warranty Act - Purposes and Applicability

The Magnuson-Moss Warranty Act is a federal law governing written warranties for consumer products. When a warrantor issues a written warranty to a consumer, the Act imposes obligations upon the warrantor and gives rights to the consumer.

The Funeral Rule - Disclosures for Alternative Containers & Basic Services Fee

The Funeral Rule requires a General Price List (GPL) to disclose that consumers may use alternative containers for direct cremations. The Rule requires the GPL to disclose any "basic services fee" that will be added to the total cost of the funeral arrangements.

The Truth in Lending Act - Advertising Consumer Credit - Closed-End Credit and Payment or Effective Rates

In some transactions, particularly some graduated payment loans, the consumer's payments for the first few years of the loan may be based on an interest rate that is lower than the rate for which the consumer is liable. This is called "negative amortization."

The Care Labeling Rule - Washing Instructions

Under the Care Labeling Rule, washing instructions must contain the following five elements: (1) Washing by hand or by machine; (2) Bleaching; (3) Drying; (4) Ironing; and (5) Warnings.