Truth in Lending Act (TILA): Federal law requiring lenders to provide standardized disclosures about credit terms and costs, ensuring transparency in lending transactions.
Fair Credit Reporting Act (FCRA): Federal law regulating the collection, dissemination, and use of consumer credit information, ensuring fair and accurate credit reporting.
Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance status.
Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices and protecting borrowers from abusive collection methods.
Dodd-Frank Wall Street Reform Act: Comprehensive financial reform legislation that created the Consumer Financial Protection Bureau and established new consumer protection regulations.
State Usury Laws: State-specific regulations that set maximum interest rates that lenders can charge on loans.
State Lending Regulations: State-specific rules governing lending practices, licensing requirements, and consumer protections within each jurisdiction.
Uniform Commercial Code (UCC): Standardized set of laws governing commercial transactions, including secured lending and negotiable instruments.
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering.
Military Lending Act: Federal law providing special protections for active duty service members and their dependents in consumer credit transactions.
State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive lending practices and ensure fair treatment in financial transactions.
Anti-Money Laundering Regulations: Federal regulations requiring lenders to implement programs to detect and prevent money laundering and terrorist financing.
