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    ion gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Re

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    There are seven consumer credit laws you should be aware when dealing with your credit.

    1. The Truth in Lending Act

    The customer had to be told the true cost of borrowing, so they could figure out exactly what the charges would be. You must be informed, in writing of the finance charge and the APR before you sign any contract. Also, you need to be informed of the method they are going to use to calculate the balance on which you pay a finance charge.

    This Act gives you a chance to change your mind when you use your home as security in a transaction. The first 3 day right of rescission gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Rep

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    old the true cost of borrowing, so they could figure out exactly what the charges would be. You must be informed, in writing of the finance charge and the APR before you sign any contract. Also, you need to be informed of the method they are going to use to calculate the balance on which you pay a finance charge.

    This Act gives you a chance to change your mind when you use your home as security in a transaction. The first 3 day right of rescission gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Re

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    the APR before you sign any contract. Also, you need to be informed of the method they are going to use to calculate the balance on which you pay a finance charge.

    This Act gives you a chance to change your mind when you use your home as security in a transaction. The first 3 day right of rescission gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Re

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    This Act gives you a chance to change your mind when you use your home as security in a transaction. The first 3 day right of rescission gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Re

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    ion gives you 3 business days to cancel the transaction and the creditor must give you this notice prior to the transaction.

    2. The Fair Credit Reporting Act

    Check other bonus material for your rights. Basically this act regulates the activities of credit reporting agencies or credit bureaus and gives the FTC responsibility for enforcement.

    3. The Fair Credit Billing Act

    This law establishes procedures requiring creditors to promptly correct billing errors, and allows the consumer to withhold payment on damage goods, and makes creditors promptly credit your payments.

    4. The Fair Debt Collection Practices Act

    This act establishes the guidelines for collectors to follow. They may not contact you at unreasonable time

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