What consumer protection laws are available at the federal level?

At the federal level, there are many consumer protection laws in place to protect consumers in South Carolina and across the United States. The Federal Trade Commission (FTC) is responsible for enforcing consumer protection laws, such as the Truth in Lending Act, Fair Credit Reporting Act, and the Fair Debt Collection Practices Act. The Truth in Lending Act ensures that consumers are provided accurate information about the costs associated with borrowing money. The Fair Credit Reporting Act helps to protect consumers‘ credit information by requiring credit reporting agencies to provide accurate and timely information. The Fair Debt Collection Practices Act prohibits debt collectors from engaging in unfair or harassing debt collection practices. The Consumer Product Safety Commission is another agency responsible for ensuring the safety of consumer products. This includes regulating products such as toys, electronics, and other items that are commonly found in the marketplace. The agency is responsible for monitoring the safety of these products and issuing recalls when necessary. Finally, the Consumer Financial Protection Bureau was created to protect consumers from deceptive and predatory lending practices. The bureau is responsible for issuing regulations on lenders and monitoring their compliance with federal laws. This includes monitoring mortgage lenders and other consumer lenders for predatory lending activities. Overall, a variety of federal consumer protection laws exist to protect consumers in South Carolina and across the United States. These regulations help to ensure that consumers are protected from deceptive and predatory practices, as well as ensure that the goods they purchase are safe and of good quality.

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What consumer protection laws are available at the federal level?

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