Consumer credit laws protect your right to fair access to credit, and the ethical and responsible handling of your account and personal information. There are several laws that protect consumers from unfair lending and debt collection practices. A few examples of these are:
- Discriminatory Lending Practices
- Unfair Debt Collection Practices
- Inaccurate Credit Reporting
If you of experienced unfair lending practices, you have the right to seek remedy by filing a case with the court. If the court finds in your favor, you could be awarded:
- Compensatory damages
- Punitive damages
- Attorney’s fees