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6000 - Consumer Protection
CONSUMER PROTECTION
______________
INDEX TO COMPLIANCE REGULATIONS
Advertising of Membership (FDIC Part 328)
Community Reinvestment (FDIC Part 345)
Interagency Questions and Answers Regarding Community Reinvestment
Community Reinvestment Act
Consumer Credit Protection Act
Consumer Leasing Act
Consumer Protection in Sales of Insurance (FDIC Part 343)
Deposit Insurance (FDIC Part 330)
Discriminatory Conduct Under the Fair Housing Act
Electronic Fund Transfer Act
Equal Credit Opportunity (FRB Regulation B)
Staff Interpretations
Equal Credit Opportunity Act
Fair Credit Billing Act
Fair Credit Reporting (FDIC Part 334)
Fair Credit Reporting Act
Fair Credit Reporting Act (FTC Statement of Policy)
Fair Debt Collection Practices Act
Fair Housing (FDIC Part 338)
Fair Housing Act
Financial Institutions Reform, Recovery and Enforcement Act of 1989
Flood Insurance (FDIC Part 339)
Flood Disaster Protection Act
Home Mortgage Disclosure Act
NOW Accounts
Preservation of Consumers' Claims and Defenses (FTC)
Privacy of Consumer Financial Information (Part 332)
Frequently Asked Questions for the Privacy Regulation
Prohibition on Interstate Branching for Deposit Production (FDIC Part 369)
Riegle-Neal Interstate Banking and Branching Efficiency Act
Right to Financial Privacy Act
Truth in Lending Act (Consumer Credit Protection Act)
Adjustable Rate Mortgage Caps
Truth in Savings Act
CONSUMER PROTECTION
______________
TABLE OF CONTENTS
CONSUMER CREDIT PROTECTION ACT
Title I—Consumer Credit Cost Disclosure
CHAPTER 1—GENERAL PROVISIONS
SEC. 101
Short title
SEC. 102
Congressional findings and declaration of purpose
SEC. 103
Definitions and rules of construction
SEC. 104
Exempted transactions
SEC. 105
Disclosure guidelines
SEC. 106
Determination of finance charge
SEC. 107
Determination of annual percentage rate
SEC. 108
Administrative enforcement
SEC. 109
Views of other agencies
SEC. 110
[Repealed]
SEC. 111
Effect on other laws
SEC. 112
Criminal liability for willful and knowing violation
SEC. 113
Effect on governmental agencies
SEC. 114
Reports by Board and Attorney General
SEC. 115
[Repealed]
SEC. 502
Board review of consumer credit plans and regulations
CHAPTER 2—CREDIT TRANSACTIONS
SEC. 121
General requirement of disclosure
SEC. 122
Form of disclosure; additional information
SEC. 123
Exemption for State-regulated transactions
SEC. 124
Effect of subsequent occurrence
SEC. 125
Right of rescission as to certain transactions
SEC. 126
[Repealed]
SEC. 127
Open end consumer credit plans
SEC. 127A
Disclosure requirements for open end consumer credit plans secured by
the consumer's principal dwelling
SEC. 128
Consumer credit not under open end credit plans
SEC. 128A
Reset of hybrid adjustable rate mortgages
SEC. 129
Requirements for certain mortgages
SEC. 129A
Duty of servicers of residential mortgages
SEC. 129B
Residential mortgage loan origination
SEC. 129C
Minimum standards for residential mortgage loans
SEC. 129D
Escrow or impound accounts relating to certain consumer credit
transactions
SEC.129E
Appraisal independence requirements
SEC.129F
Requirements for prompt crediting of home loan payments
SEC.129G
Requests for payoff amounts of home loan
SEC.129H
Property appraisal requirements
SEC. 130
Civil liability
SEC. 131
Liability of assignees
SEC. 132
Issuance of credit cards
SEC. 133
Liability of holder of credit card
SEC. 134
Fraudulent use of credit card; penalties
SEC. 135
Business credit cards; limits on liability of employees
SEC. 136
Dissemination of annual percentage rates; implementation, etc.
SEC. 137
Home equity plans
SEC. 138
Reverse mortgages
SEC. 139
Certain limitations on liability
SEC. 140
Preventing unfair and deceptive private educational lending practices
and Eliminating conflicts of interest
SEC. 140-A
Procedure for timely settlement of estates of decedent obligor
CHAPTER 3—CREDIT ADVERTISING
SEC. 141
Catalogs and multiple-page advertisements
SEC. 142
Advertising of downpayments and installments
SEC. 143
Advertising of open end credit plans
SEC. 144
Advertising of credit other than open end plans
SEC. 145
Nonliability of media
SEC. 146
Use of annual percentage rate in oral disclosures
SEC. 147
Advertising of open end consumer credit plans secured by consumer's
principal dwelling
SEC. 148
Interest rate reduction on open end consumer credit plans
SEC. 149
Reasonable penalty fees on open end consumer credit plans
SEC. 150
Consideration of ability to repay
CHAPTER 4—CREDIT BILLING
SEC. 161
Correction of billing errors
SEC. 162
Regulation of credit reports
SEC. 163
Timing of payments
SEC. 164
Prompt crediting of payments
SEC. 165
Treatment of credit balances
SEC. 166
Prompt notification of returns
SEC. 167
Inducements to cardholders by sellers of cash discounts for payments by
cash, check or similar means; finance charge for sales transactions
involving cash discounts
SEC. 168
Prohibition of tie-in services
SEC. 169
Offset of cardholder's indebtness by issuer of credit card with funds
deposited with issuer by cardholder; remedies of creditors under State
law not affected
SEC. 170
Assertion by cardholder against card issuer of claims and defenses
arising out of credit card transaction; prerequisites; limitation on
amount of claims defenses
SEC. 171
Limits on interest rate, fee and finance charge increases applicable to
outstanding balances
SEC. 172
Additional limits on interest rate increases
SEC. 173
Applicability of State laws
CHAPTER 5—CONSUMER LEASES
SEC. 181
Definitions
SEC. 182
Consumer lease disclosures
SEC. 183
Lessee's liability on expiration or termination of lease
SEC. 184
Consumer lease advertising; liability of advertising media
SEC. 185
Civil liability of lessors
SEC. 186
Applicability of State laws; exemptions by Bureau from leasing
requirements
SEC. 187
Regulations
Title II—Extortionate Credit Transactions
CHAPTER 42—EXTORTIONATE CREDIT TRANSACTIONS
Sec. 891
Definitions and rules of construction
Sec. 892
Making extortionate extensions of credit
Sec. 893
Financing extortionate extensions of credit
Sec. 894
Collection of extensions of credit by extortionate means
Sec. 895
[Repealed]
Sec. 896
Effect on State laws
Title III—Restriction on Garnishment
SEC. 301
Congressional findings and declaration of purpose
SEC. 302
Definitions
SEC. 303
Restriction on garnishment
SEC. 304
Restriction on discharge from employment by reason of garnishment
SEC. 305
Exemption for State-regulated garnishments
SEC. 306
Enforcement by Secretary of Labor
SEC. 307
Effect on State laws
Title IV—National Commission on Consumer Finance
SEC. 401
Establishment
SEC. 402
Membership of the Commission
SEC. 403
Compensation of members
SEC. 404
Duties of the Commission
SEC. 405
Powers of the Commission
SEC. 406
Administrative arrangements
SEC. 407
Authorization of appropriations
Title V—General Provisions
SEC. 501 Severability
SEC. 502 Captions and catchlines for reference only
SEC. 503 Grammatical usages
SEC. 504 Effective dates
Title VI—Consumer Credit Reporting
SEC. 601 Short title
SEC. 602 Congressional findings and statement of purpose
SEC. 603 Definitions and rules of construction
SEC. 604 Permissible purposes of consumer reports
SEC. 605 Requirements relating to information contained in consumer reports
SEC. 605A Identity theft prevention; fraud alerts and active duty alerts
SEC. 605B Block of information resulting from identity theft
SEC. 606 Disclosure of investigative consumer reports
SEC. 607 Compliance procedures
SEC. 608 Disclosures to governmental agencies
SEC. 609 Disclosures to consumers
SEC. 610 Conditions and form of disclosure to consumers
SEC. 611 Procedure in case of disputed accuracy
SEC. 612 Charges for certain disclosures
SEC. 613 Public record information for employment purposes
SEC. 614 Restrictions on investigative consumer reports
SEC. 615 Requirements on users of consumer reports
SEC. 616 Civil liability for willful noncompliance
SEC. 617 Civil liability for negligent noncompliance
SEC. 618 Jurisdiction of courts; limitation of actions
SEC. 619 Obtaining information under false pretenses
SEC. 620 Unauthorized disclosures by officers or employees
SEC. 621 Administrative enforcement
SEC. 623 Responsibilities of furnishers of information to consumer reporting agencies
SEC. 624 Affiliate sharing
SEC. 625 Relation to State laws
SEC. 626 Disclosures to FBI for counterintelligence purposes
SEC. 627 Disclosures to governmental agencies for counterterrorism purposes
SEC. 628 Disposal of records
SEC. 629 Corporate and technological circumvention prohibited
Title VII—Equal Credit Opportunity
SEC. 701 Scope of prohibition
SEC. 702 Definitions; rules of construction
SEC. 703 Promulgation of Regulations by the Bureau
SEC. 704 Administrative enforcement
SEC. 704A Incentives for self-testing and self-correction
SEC. 704B Small business loan data collection
SEC. 705 Applicability of other laws
SEC. 706 Civil liability
SEC. 707 Annual reports to Congress
SEC. 708 Effective date
SEC. 709 Short title
Title VIII—Debt Collection Practices
SEC. 801 Short title
SEC. 802 Congressional findings and declaration of purpose
SEC. 803 Definitions
SEC. 804 Acquisition of location information
SEC. 805 Communication in connection with debt collection
SEC. 806 Harassment or abuse
SEC. 807 False or misleading representations
SEC. 808 Unfair practices
SEC. 809 Validation of debts
SEC. 810 Multiple debts
SEC. 811 Legal actions by debt collectors
SEC. 812 Furnishing certain deceptive forms
SEC. 813 Civil liability
SEC. 814 Administrative enforcement
SEC. 815 Reports to Congress by the Bureau; views of other Federal agencies
SEC. 816 Relation to State laws
SEC. 817 Exemption for State regulation
SEC. 818 Exception for certain bad check enforcement programs operated by private entities
SEC. 819 Effective date
Federal Trade Commission Staff Commentary on the Fair Debt Collection Practices Act
Title IX—Electronic Fund Transfers
SEC. 901 Short title
SEC. 902 Congressional findings and declaration of purpose
SEC. 903 Definitions
SEC. 904 Regulations
SEC. 905 Terms and conditions of transfers
SEC. 906 Documentation of transfers
SEC. 907 Preauthorized transfers
SEC. 908 Error resolution
SEC. 909 Consumer liability
SEC. 910 Liability of financial institutions
SEC. 911 Issuance of cards or other means of access
SEC. 912 Suspension of obligations
SEC. 913 Compulsory use of electronic fund transfers
SEC. 914 Waiver of rights
SEC. 915 General-use prepaid cards, gift certificates, and store gift cards
SEC. 916 Civil liability
SEC. 917 Criminal liability
SEC. 918 Administrative enforcement
SEC. 919 Remittance transfers
SEC. 920 Reasonable fees and rules for payment card transactions
SEC. 921 Report to Congress
SEC. 922 Relations to State laws
SEC. 923 Exemption for State regulation
CIVIL RIGHTS ACT OF 1968—TITLE VIII (FAIR HOUSING)
SEC. 800
Short title
SEC. 801
Policy
SEC. 802
Definitions
SEC. 803
Effective dates of certain prohibitions
SEC. 804
Discrimination in the sale or rental of housing and other prohibited
practices
SEC. 805
Discrimination in residential real estate-related transactions
SEC. 806
Discrimination in the provision of brokerage services
SEC. 807
Religious organization or private club exemption
SEC. 808
Administration
SEC. 808a
Collection of certain data
SEC. 809
Education and conciliation
SEC. 810
Administrative enforcement; preliminary matters
SEC. 811
Subpoenas; giving of evidence
SEC. 812
Enforcement by secretary
SEC. 813
Enforcement by private persons
SEC. 814
Enforcement by the Attorney General
SEC. 814a
Incentives for self-testing and self-correction
SEC. 815
Rules to implement title
SEC. 816
Effect on state laws
SEC. 817
Cooperation with state and local agencies administering fair housing
laws; utilization of services and personnel; reimbursement; written
agreements; publication in Federal Register
SEC. 817(a)
Fair Housing Initiatives Program
SEC. 818
Interference, coercion, or intimidation
SEC. 819
Authorization of Appropriations
SEC. 820
Separability
SEC. 901
Violations; penalties
HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1977—TITLE VIII (COMMUNITY REINVESTMENT)
SEC. 801
Short title
SEC. 802
Requirements of financial institutions
SEC. 803
Definitions
SEC. 804
Examinations by Federal supervisory agencies
SEC. 805
Annual report to Congress
SEC. 806
Regulations implementing the Act
SEC. 807
Written evaluations
SEC. 808
Operation of branch facilities by minorities and women
SEC. 809
Small bank regulatory relief
COMPETITIVE EQUALITY BANKING ACT OF 1987
TITLE XII—MISCELLANEOUS PROVISIONS
NOW ACCOUNTS
FINANCIAL INSTITUTIONS REGULATORY AND INTEREST RATE CONTROL ACT OF 1978
Title XI—Right to Financial Privacy
SEC. 1100 Short title
SEC. 1101 Definitions
SEC. 1102 Access to financial records by government authorities prohibited; exceptions
SEC. 1103 Confidentiality of financial records
SEC. 1104 Customer authorizations
SEC. 1105 Administrative subpena and summons
SEC. 1106 Search warrants
SEC. 1107 Judicial subpena
SEC. 1108 Formal written request
SEC. 1109 Delayed notice
SEC. 1110 Customer challenges
SEC. 1111 Duty of financial institutions
SEC. 1112 Use of information
SEC. 1113 Exceptions
SEC. 1114 Special procedures
SEC. 1115 Cost reimbursement
SEC. 1116 Jurisdiction
SEC. 1117 Civil penalties
SEC. 1118 Injunctive relief
SEC. 1119 Suspension of Statutes of Limitations
SEC. 1120 Grand Jury Information
SEC. 1121 [Repealed]
SEC. 1122 Applicability to Securities and Exchange Commission
SEC. 2101 Effective date
DEPARTMENT OF LABOR REGULATIONS:
RESTRICTION ON GARNISHMENT
Part 870—Restriction On Garnishment
SUBPART A—GENERAL
SUBPART B—DETERMINATIONS AND INTERPRETATIONS
SEC. 870.10
Maximum part of aggregate disposable earnings subject to garnishment
under section 303a
SEC. 870.11
Exceptions to the restrictions provided by section 303(a) of the CCPA
and priorities among garnishments
SUBPART C—EXEMPTIONS FOR STATE-REGULATED GARNISHMENTS
SEC. 870.50
General provision
SEC. 870.51
Exemption policy
SEC. 870.52
Application for exemption of State-regulated garnishments
SEC. 870.53
Action upon an application for exemption
SEC. 870.54
Standards governing the granting of an application for exemption
SEC. 870.55
Terms and conditions of every exemption
SEC. 870.56
Termination of exemption
SEC. 870.57
Exemptions
Federal Trade Commission
Trade Regulation Rule Concerning the Preservation of Consumers, Claims
and Defenses
HOME MORTGAGE DISCLOSURE ACT OF 1975
SEC. 301
Short title
SEC. 302
Congressional findings and declaration of purpose
SEC. 303
Definitions
SEC. 304
Maintenance of records and public disclosure
SEC. 305
Enforcement
SEC. 306
Relation to State laws
SEC. 307
Compliance improvement methods
SEC. 308
Report
SEC. 309
Effective date
SEC. 310
Compilation of aggregate data
SEC. 311
Disclosure by the Secretary; commencement, scope, etc
FEDERAL DEPOSIT INSURANCE CORPORATION IMPROVEMENT ACT OF 1991
Title II—Regulatory Improvement
SUBTITLE F—TRUTH IN SAVINGS
SEC. 261. Short Title
SEC. 262. Findings and Purpose
(a) Findings
(b) Purpose
SEC. 263. Disclosure of Interest Rates and Terms of Accounts
(a) In general
(b) Broadcast and electronic media and outdoor advertising exception
(c) Disclosure required for on-premise displays
(d) Misleading description of free or no-cost accounts prohibited
(e) Misleading or inaccurate advertisements, etc., prohibited
SEC. 264. Account Schedule
(a) In general
(b) Information on fees and changes
(c) Information on interest rates
(d) Other information
(e) Style and format
SEC. 265. Disclosure Requirements for Certain Accounts
SEC. 266. Distribution of Schedules
(a) In general
(b) Distribution in case of certain initial deposits
(c) Distribution of notice of certain changes
(d) Distribution in case of accounts established by more than 1 individual or by a group
(e) Notice to account holders as of the effective date of regulations
SEC. 267. Payment of Interest
(a) Calculated on full amount of principal
(b) No particular method of compounding interest required
(c) Date by which interest must accrue
SEC. 268. Periodic Statements
SEC. 269. Regulations
(a) In general
(b) Model forms and clauses
SEC. 270. Administrative Enforcement
(a) In general
(b) Additional enforcement powers
(c) Regulations by agencies other than the Board
SEC. 271. [Repealed]
SEC. 272. Credit Unions
(a) In general
(b) Regulations prescribed by the NCUA
SEC. 273. Effect on State Law
SEC. 274. Definitions
RIEGLE-NEAL INTERSTATE BANKING AND BRANCHING EFFICIENCY
ACT
OF 1994
SEC. 1 Short title; table of contents
SEC. 107 Equalizing competitive opportunities for United States and foreign banks
SEC. 109 Prohibition against deposit production offices
SEC. 111 Restatement of existing law
SEC. 112 GAO report on data collection under interstate branching
SEC. 210 Study and report on the United States financial services system
FLOOD DISASTER PROTECTION ACT OF 1973
SEC. 2.
Additional Congressional findings and declaration of purpose
SEC. 3.
Additional definitions
SEC. 102.
Flood insurance purchase and compliance requirements and escrow
Accounts
SEC. 21.
Treatment of Floodproofed Residential Basements
SEC. 202.
Nonparticipation in flood insurance program
SEC. 205.
Rules and regulations
CHAPTER 1—OFFICE OF ASSISTANT SECRETARY FOR EQUAL OPPORTUNITY, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Subpart A—General
§ 100.1
Authority
§ 100.5
Scope
§ 100.7
Liability for discriminatory housing practices
§ 100.10
Exemptions
§ 100.20
Definitions
SUBPART B—DISCRIMINATORY HOUSING PRACTICES
§ 100.50
Real estate practices prohibited
§ 100.60
Unlawful refusal to sell or rent or to negotiate for the sale or
rental
§ 100.65
Discrimination in terms, conditions and privileges and in services and
facilities
§ 100.70
Other prohibited sale and rental conduct
§ 100.75
Discriminatory advertisements, statements and notices
§ 100.80
Discriminatory representations on the availability of dwellings
§ 100.85
Blockbusting
§ 100.90
Discrimination in the provision of brokerage services
Subpart C—Discrimination in Residential Real Estate-Related Transactions
§ 100.110
Discriminatory practices in residential real estate-related
transactions
§ 100.115
Residential real estate-related transactions
§ 100.120
Discrimination in the making of loans and in the provision of other
financial assistance
§ 100.125
Discrimination in the purchasing of loans
§ 100.130
Discrimination in the terms and conditions for making available loans
or other financial assistance
§ 100.135
Unlawful practices in the selling, brokering, or appraising of
residential real property
§ 100.140
General rules
§ 100.141
Definitions
§ 100.142
Types of information
§ 100.143
Appropriate corrective action
§ 100.144
Scope of privilege
§ 100.145
Loss of privilege
§ 100.146
Limited use of privileged information
§ 100.147
Adjudication
§ 100.148
Effective date
Subpart D—Prohibition Against Discrimination Because of Handicap
§ 100.200
Purpose
§ 100.201
Definitions
§ 100.201a
Incorporation by reference
§ 100.202
General prohibitions against discrimination because of handicap
§ 100.203
Reasonable modifications of existing premises
§ 100.204
Reasonable accommodations
§ 100.205
Design and construction requirements
Subpart E—Housing for Older Persons
§ 100.300
Purpose
§ 100.301
Exemption
§ 100.302
State and Federal elderly housing programs
§ 100.303
62 or over housing
§ 100.304
Housing for persons who are 55 years of age or older
§ 100.305
80 percent occupancy
§ 100.306
Intent to operate as housing designed for persons who are 55 years of
age or older
§ 100.307
Verification of occupancy
§ 100.308
Good faith defense against civil money damages
Subpart F—Interference, Coercion or Intimidation
Subpart G—Discriminatory Effect
§ 100.500
Discriminatory effect prohibited
§ 100.600
Quid pro quo and hostile environment harassment
Appendix
PART 229—AVAILABILITY OF FUNDS AND COLLECTION OF CHECKS (REGULATION CC)
Subpart A—General
Subpart B—Availability of Funds and Disclosure of Funds Availability Policies
§ 229.10
Next-day availability
§ 229.11
[Reserved]
§ 229.12
Availability schedule
§ 229.13
Exceptions
§ 229.14
Payment of interest
§ 229.15
General disclosure requirements
§ 229.16
Specific availability policy disclosure
§ 229.17
Initial disclosures
§ 229.18
Additional disclosure requirements
§ 229.19
Miscellaneous
§ 229.20
Relation to state law
§ 229.21
Civil liability
Subpart C--Collection of Checks
§ 229.30
Paying bank's responsibility for return of checks
§ 229.31
Returning bank's responsibility for return of checks
§ 229.32
Depositary bank's responsibility for returned checks
§ 229.33
Notice of nonpayment
§ 229.34
Warranties
§ 229.35
Indorsements
§ 229.36
Presentment and issuance of checks
§ 229.37
Variation by agreement
§ 229.38
Liability
§ 229.39
lnsolvency of bank
§ 229.40
Effect of merger transaction
§ 229.41
Relation to State law
§ 229.42
Exclusions
§ 229.43
Checks payable in Guam, American Samoa, and the Northern Mariana
Islands
Subpart D--Substitute Checks
§ 229.51
General provisions governing substitute checks
§ 229.52
Substitute check warranties
§ 229.53
Substitute check indemnity
§ 229.54
Expedited recredit for consumers
§ 229.55
Expedited recredit for banks
§ 229.56
Liability
§ 229.57
Consumer awareness
§ 229.58
Mode of delivery of information
§ 229.59
Relation to other law
§ 229.60
Variation by agreement
Appendix A—Routing Number
Guide to Next-Day Availability Checks and Local Checks
Appendix B [Reserved]
Appendix C—Model Availability
Policy Disclosures, Clauses, and Notices; Model Substitute Check
Policy Disclosure and Notice
Appendix D [Reserved]
Appendix
E—Commentary
Appendix F—Official Board
Interpretations; Preemption Determinations