Truth in Lending Act (TILA): Federal law that requires clear disclosure of credit terms and costs to protect consumers in credit transactions
Fair Credit Reporting Act (FCRA): Federal law governing the collection, dissemination, and use of consumer credit information
Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in credit transactions based on various protected characteristics
Credit CARD Act of 2009: Federal legislation providing consumer protections for credit card holders, including restrictions on fees and rate increases
State Credit Card Regulations: Varying state-specific laws governing credit card issuance, terms, and enforcement
Fair Labor Standards Act (FLSA): Federal law governing wage deductions and employment standards that may affect credit card payment responsibilities
Sarbanes-Oxley Act: Federal law requiring strict internal controls and financial reporting standards for public companies
PCI DSS Compliance: Payment Card Industry Data Security Standards governing the security of credit card data and transactions
State Data Breach Laws: State-specific requirements for protecting personal information and responding to data breaches
State Wage and Hour Laws: State-specific regulations regarding wage deductions and payment obligations related to employee credit cards
IRS Regulations: Federal tax guidelines regarding business expenses and corporate credit card use
CFPB Regulations: Consumer Financial Protection Bureau rules governing credit card practices and consumer protections
