Consumer Lawsuits Under the Magnuson-Moss Warranty Act
The Magnuson-Moss Warranty Act is the federal law that governs consumer product warranties. Passed by Congress in 1975, the Act requires manufacturers and sellers of consumer products to provide …
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Alternatives To Consumer Lawsuits
Although the Act makes consumer lawsuits for breach of warranty easier to bring, its goal is not to promote more warranty litigation. On the contrary, the Act encourages companies to use informal …
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Legal Articles
How do I fix errors on my credit report?
Your credit report contains important information about your life, such as where you live, what debts you owe, whether you’ve been sued, and whether you’ve filed for bankruptcy. Credit reporting agencies sell information about you to insurance companies, mortgage companies, employers, and banks so that they can evaluate your applications for loans, credit, insurance coverage, …
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The Truth About the Truth in Lending Act
Since 1968, American consumers have been entitled to clear disclosure of credit terms and costs in lending agreements. It was in 1968 that Congress passed the Truth in Lending Act. The law applies to many types of personal credit including credit card debt and residential mortgages. It applies to personal consumers who are seeking or applying for credit but it does not apply to …
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