Consumer Protection Laws

Free CFP Exam lesson in Professional Conduct and Regulation. 18 min read, ~2,701 words.

TILA rescission: 3 business days for 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. ECOA protected classes include marital status and receipt of public assistance income. GLBA opt-out covers nonaffiliated third parties only...