The Consumer Credit Protection Act of 1968--which launched Truth in Lending--was a landmark piece of legislation. For the first time, creditors had to state the cost of borrowing in a common language so that you--the customer --could figure out exactly what the charges would be, compare costs, and shop around for the credit deal best for you.

Since 1968, credit protections have multiplied rapidly. The concepts of "fair" and "equal" credit have been written into laws that outlaw unfair discrimination in credit transactions; require that consumers be told the reason when credit is denied; let borrowers find out about their credit records; and set up a way to settle billing disputes.

Each law was meant to reduce the problems and confusion surrounding consumer credit which, as it became more widely used in our economy,also grew more complex. Together, these laws set a standard for how individuals are to be treated in their financial dealings.

The laws say, for instance:
  -- that you cannot be turned down for a credit card just because you're a single woman;

  -- that you can limit your risk if a credit card is lost or stolen;

  -- that you can straighten out errors in your monthly bill without damage to your credit rating; and

  -- that you won't find credit shut off just because you've reached the age of 65.

But, let the buyer be aware! It is important to know your rights and how to use them. This handbook explains how the consumer credit laws can help you shop for credit, apply for it, keep up your credit standing, and --if need be--complain about an unfair deal.
It explains what you should look for when using credit and what creditors look for before extending it.
It also points out the laws' solutions to discriminatory practices that have made it difficult for women and minorities to get credit in the past.

GUIDE TO CREDIT AND CREDIT REPAIR Item# 25014 Price only $ 4.95