The 1993 consumer agenda

Article Abstract:

Solutions to credit-related issues that could be the subjects of future legislation can be achieved through consumer education and reforms in the credit industry. One such issue is the marketing of credits to the high school age group. Educating this young-age sector on the proper usage and management of credit will easily erase anxieties about the possible negative effects of targeting the group. One way of imparting education to the consumers is by disclosing loan terms in cardholder agreements. On the issue of debt collection, education and industry reforms are again required to ensure that ethical standards are not violated through unscrupulous methods and that customers voluntarily pay their loans on the set schedule. The credit industry must avoid costly legislative debates, as what happened during sessions on the issue of credit reporting, by cooperating with consumer advocates and other concerned groups.

Personal credit institutions, Commercial finance companies

---

ICA looks at legislation

Article Abstract:

A review is presented of nine bills being considered by the US House of Representatives that affect consumer law. The bills include the Credit Repair Organizations Act; the Fair Credit Reporting Amendments of 1989; the Telemarketing Fraud Prevention Act of 1989; and the Automated Telephone Solicitation Protection Act of 1989.

Telemarketing

---

Similar abstracts:

• Abstracts: E-government agenda. E-commerce models: choosing what suits
• Abstracts: Predatory instincts. Business lost in translation. Scream building
• Abstracts: Regulating the cost of consumer credit: What price credit? Consumer credit legislation pending in Congress. ICA in struggle for credit clinic legislation
• Abstracts: Effect of credit card rate controls on consumers and the economy. Credit: a family affair
• Abstracts: Soaring toward achievement: a vision of ICA's future. ICA responds to soaring health insurance costs. A message from your chairman

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.