Consumer Protection Laws

Free CFP Exam lesson in Professional Conduct and Regulation. 18 min read, ~2,735 words.

TILA requires APR disclosure and gives a 3 business day rescission right on home equity loans (NOT purchase mortgages), extended to 3 years if disclosures were missing. FDCPA applies to third-party debt collectors only, NOT the original creditor, and bars calls outside 8 AM-9 PM. ECOA protected classes include marital...