| Credit Practices Rule - Late Charges |
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| The Credit Practices Rule permits a creditor to assess late charges against a consumer when the consumer fails to make loan payments on time. However, the Rule prohibits a creditor from "pyramiding" late charges. More... |
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| Legal Research - Where to find the law |
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| Far and away, a law library is the best place to research a legal issue. In the event a law library is not available, however, some legal resources can be found at public libraries of depository libraries. More... |
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| Cosigning a Loan |
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| A cosigner is an individual who makes an agreement to guarantee another person's repayment of a debt. If the borrower fails to make the payments on the loan, as required by the loan contract, the cosigner must repay the debt.
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| Home Ownership and Equity Protection Act - Overview |
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| The Home Ownership and Equity Protection Act (HOEPA) is a federal law designed to protect borrowers against unfair and deceptive practices in home equity lending. HOEPA applies to high-rate and high-fee refinancing and home equity installment loans.
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| Fair Credit Billing Act - Miscellaneous Provisions |
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| Under the Fair Credit Billing Act, businesses that offer "open end" credit must notify a consumer in writing at the time he opens a new account of his right to dispute billing errors. More... |
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