Consumer Information: Hearings Before the Subcommittee on Consumer Affairs of ... , 94-1, February 27; March 13; and April 15, 1975 |
자주 나오는 단어 및 구문
advertising amendment annual percentage rate ANNUNZIO Association banks BUCHER Chairman class action Commission's committee complaints compliance comply concerned Congress Consumer Affairs consumer credit Consumer Finance Consumer Leasing consumer protection consumer reporting agency consumer's Consumers Union cost of credit court credit bureau credit disclosures credit insurance credit life insurance Credit Reporting Act credit unions creditors effect enacted enforcement fact Fair Credit Billing Fair Credit Reporting FCRA Federal Reserve Board Federal Reserve System Federal Trade Commission Feldman FENWICK finance charge GONZALEZ GRASSLEY hearings industry insurance sales interest rate investigative KNAUER legislation lenders Lending Act liability loan ment mortgage National open end credit payment penetration rates percent problem proposed purchase question regulations regulatory response Retail Credit SILBERGELD SPAFFORD staff statement statute subcommittee SULLIVAN sumer Thank tion transaction Truth Truth-in-Lending Act WYLIE
인기 인용구
80 페이지 - consumer reporting agency" means any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports.
39 페이지 - There is no liability under this chapter on the part of any owner or personnel, as such, of any medium in which an advertisement appears or through which it is disseminated.
80 페이지 - investigative consumer report' means a consumer report or portion thereof in which information on a consumer's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on or with others with whom he is acquainted or who may have knowledge concerning any such items of information. However, such information shall not include specific factual information on a consumer's credit record...
38 페이지 - The informed use of credit results from an awareness of the cost thereof by consumers. It is the purpose of this title to assure a meaningful disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available to Him and avoid the uninformed use of credit; and to protect the consumer against inaccurate and unfair credit billing and credit card practices.
34 페이지 - Fourth, because the execution of our laws is vested, constitutionally, in the Executive branch, we believe the responsibility for protecting all public interests would best reside there.
38 페이지 - Congress also finds that there has been a recent trend toward leasing automobiles and other durable goods for consumer use as an alternative to installment credit sales and that these leases have been offered without adequate cost disclosures. It is the purpose of this title to assure a meaningful disclosure of the terms of leases of personal property for personal, family, or household purposes so as to enable the lessee to compare more readily the various lease terms available to him, limit balloon...
39 페이지 - ... types and amounts of the coverages; (6) number of periodic payments, the amount of each payment, the due date of the first payment, the due dates of subsequent payments or interval between payments, and the total amount payable by the lessee; (7) statement of the conditions under which the lessee may terminate the lease prior to the end of the term; and (8) statement of the liabilities the lease imposes upon the lessee at the end of the term.
102 페이지 - ... Using this principle of statutory construction, it is apparent that Congress intended that, without a court order, or written instructions from the consumer, the Commission should be provided reasonable access to consumer reports in order to determine compliance with the Fair Credit Reporting Act. Civil Liability Under FCRA There is general agreement that sections 616 and 617 provide the injured consumer with more chance to be awarded damages than he had in most jurisdictions before the FCRA....
93 페이지 - ... (B) for any other purpose within the six-month period preceding the request. "(b) The requirements of subsection (a) respecting the disclosure of sources of information and the recipients of consumer reports do not apply to information received or consumer reports furnished prior to the effective date of this title except to the extent that the matter involved is contained in the files of the consumer reporting agency on that date.
45 페이지 - Act, premiums paid by the borrower for credit insurance may be excluded from the disclosure of the "finance charge" for the loan, if the insurance is requested in writing by the consumer after written disclosure by the creditor that the insurance is optional and not a factor in the creditor's decision to extend credit Some creditors have attempted to circumvent the requirements of the Act by means of practices which lead borrowers to believe that their election of insurance coverage is necessary...