What consumer protection laws are available at the federal level?

At the federal level, there are a number of consumer protection laws that are designed to protect consumers from fraud and deceptive business practices. The most prominent federal consumer protection law is the Consumer Financial Protection Bureau (CFPB), which was established in 2011 to protect consumers from predatory financial practices. The CFPB was created to ensure that financial services, such as mortgages, credit cards and other consumer loans, are safe, transparent, and fair for consumers. The Federal Trade Commission (FTC) is another important federal agency that protects consumers. The FTC oversees the advertising and marketing practices of businesses, to ensure that false and misleading information is not being used to deceive consumers. The FTC also investigates cases of identity theft and other forms of fraud. The Fair Credit Reporting Act (FCRA) is a law that was created to protect consumers’ financial information from being misused or shared without their permission. The FCRA requires that businesses report accurate information to credit bureaus, and that any negative information about consumers be removed from credit reports after seven years. The Fair Debt Collection Practices Act (FDCPA) is a law that protects consumers from unfair practices by debt collectors. It bans certain forms of communication such as threats of violence and use of profane language, as well as prohibits debt collectors from harassing consumers with calls at strange hours. Finally, the Truth in Lending Act (TILA) is a federal law that requires lenders to disclose certain information to borrowers, such as the terms of repayment, amounts due, and other related facts. This law was created to ensure that consumers are aware of the terms of a loan before entering into a contract. These are just some of the consumer protection laws that are available at the federal level in the United States. While there are also state laws in place to protect consumers, these federal laws provide an important layer of protection for consumers against fraud and deceptive business practices.

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What consumer protection laws are available at the federal level?

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