by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
Regulation B (Lending Discrimination) Definition Regulation B is a provision of the Equal Credit Opportunity Act that protects borrowers (or applicants) from discrimination by lenders based on race, gender, religion, national origin, age or marital status. What Does...
by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
What are Lemon Laws? Lemon laws are a United States law that offers protection to consumers when they purchase vehicles or other lemon products that do not meet their intended usefulness. A lemon law is a legal protection that consumers enjoy when they buy defective...
by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
What is a Bait and Switch? The bait and switch system, which in some constitutions is considered a form of retail fraud, is a situation where a firm sells a product or item on juicy low prices only to up-sell the consumer on a pricier item which is similar to the...
by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
What are Unfair Trade Practices?As the name suggests, an unfair trade practice is using deceptive, fraudulent or unethical means to obtain a business. In most of the countries, such practices are punishable under the law. In the US, such activities are subjected to...
by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
What is a Privacy Policy? A company Privacy Policy explains the methods adopted by an organization in handling customers, clients, or employee details gotten in its operations. The Privacy Policy declares the policy of a firm or website in its collection of...
by Jason M. Gordon | Feb 23, 2025 | Consumer Protection
What is Personally Identifiable Information? Personally Identifiable Information, as the name suggests, is the information which can identify a person, whether used solely or with other related information. It may consist of direct identifiers, such as passport data,...
