Notes on consumer credit protection : US Code - Notes

Search Notes on consumer credit protection : US Code - Notes

SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE

PART A - GENERAL PROVISIONS
Sec.
1601. Congressional findings and declaration of purpose.
(a) Informed use of credit.
(b) Terms of personal property leases.
1602. Definitions and rules of construction.
1603. Exempted transactions.
1604. Disclosure guidelines.
(a) Promulgation, contents, etc., of regulations.
(b) Model disclosure forms and clauses;
publication, criteria, compliance, etc.
(c) Procedures applicable for adoption of model
forms and clauses.
(d) Effective dates of regulations containing new
disclosure requirements.
(f) Exemption authority.
(g) Waiver for certain borrowers.
1605. Determination of finance charge.
(a) "Finance charge" defined.
(b) Life, accident, or health insurance premiums
included in finance charge.
(c) Property damage and liability insurance
premiums included in finance charge.
(d) Items exempted from computation of finance
charge in all credit transactions.
(e) Items exempted from computation of finance
charge in extensions of credit secured by an
interest in real property.
(f) Tolerances for accuracy.
1606. Determination of annual percentage rate.
(a) "Annual percentage rate" defined.
(b) Computation of rate of finance charges for
balances within a specified range.
(c) Allowable tolerances for purposes of compliance
with disclosure requirements.
(d) Use of rate tables or charts having allowable
variance from determined rates.
(e) Authorization of tolerances in determining
annual percentage rates.
1607. Administrative enforcement.
(a) Enforcing agencies.
(b) Violations of this subchapter deemed violations
of pre-existing statutory requirements;
additional agency powers.
(c) Federal Trade Commission as overall enforcing
agency.
(d) Rules and regulations.
(e) Adjustment of finance charges; procedures
applicable, coverage, criteria, etc.
1608. Views of other agencies.
1609. Repealed.
1610. Effect on other laws.
(a) Inconsistent provisions; procedures applicable
for determination.
(b) State credit charge statutes.
(c) Disclosure as evidence.
(d) Contract or other obligations under State or
Federal law.
(e) Certain credit and charge card application and
solicitation disclosure provisions.
1611. Criminal liability for willful and knowing violation.
1612. Effect on government agencies.
(a) Consultation requirements respecting compliance
of credit instruments issued to participating
creditor.
(b) Inapplicability of Federal civil or criminal
penalties to Federal, State, and local
agencies.
(c) Inapplicability of Federal civil or criminal
penalties to participating creditor where
violating instrument issued by United States.
(d) Applicability of State penalties to violations
by participating creditor.
1613. Annual reports to Congress by Board.
1614. Repealed.
1615. Prohibition on use of "Rule of 78's" in connection
with mortgage refinancings and other consumer loans.
(a) Prompt refund of unearned interest required.
(b) Use of "Rule of 78's" prohibited.
(c) Statement of prepayment amount.
(d) Definitions.

PART B - CREDIT TRANSACTIONS
1631. Disclosure requirements.
(a) Duty of creditor or lessor respecting one or
more than one obligor.
(b) Creditor or lessor required to make disclosure.
(c) Estimates as satisfying statutory requirements;
basis of disclosure for per diem interest.
(d) Tolerances for numerical disclosures.
1632. Form of disclosure; additional information.
(a) Information clearly and conspicuously
disclosed; "annual percentage rate" and
"finance charge"; order of disclosures and use
of different terminology.
(b) Optional information by creditor or lessor.
(c) Tabular format required for certain disclosures
under section 1637(c).
1633. Exemption for State-regulated transactions.
1634. Effect of subsequent occurrence.
1635. Right of rescission as to certain transactions.
(a) Disclosure of obligor's right to rescind.
(b) Return of money or property following
rescission.
(c) Rebuttable presumption of delivery of required
disclosures.
(d) Modification and waiver of rights.
(e) Exempted transactions; reapplication of
provisions.
(f) Time limit for exercise of right.
(g) Additional relief.
(h) Limitation on rescission.
(i) Rescission rights in foreclosure.
1636. Repealed.
1637. Open end consumer credit plans.
(a) Required disclosures by creditor.
(b) Statement required with each billing cycle.
(c) Disclosure in credit and charge card
applications and solicitations.
(d) Disclosure prior to renewal.
(e) Other rules for disclosures under subsections
(c) and (d).
(f) Disclosure of range of certain fees which vary
by State allowed.
(g) Insurance in connection with certain open end
credit card plans.
(h) Prohibition on certain actions for failure to
incur finance charges.
1637a. Disclosure requirements for open end consumer credit
plans secured by consumer's principal dwelling.
(a) Application disclosures.
(b) Time and form of disclosures.
(c) Third party applications.
(d) "Principal dwelling" defined.
(e) Pamphlet.
1638. Transactions other than under an open end credit plan.
(a) Required disclosures by creditor.
(b) Form and timing of disclosures; residential
mortgage transaction requirements.
(c) Timing of disclosures on unsolicited mailed or
telephone purchase orders or loan requests.
(d) Timing of disclosure in cases of an addition of
a deferred payment price to an existing
outstanding balance.
1639. Requirements for certain mortgages.
(a) Disclosures.
(b) Time of disclosures.
(c) No prepayment penalty.
(d) Limitations after default.
(e) No balloon payments.
(f) No negative amortization.
(g) No prepaid payments.
(h) Prohibition on extending credit without regard
to payment ability of consumer.
(i) Requirements for payments under home
improvement contracts.
(j) Consequence of failure to comply.
(k) "Affiliate" defined.
(l) Discretionary regulatory authority of Board.
1640. Civil liability.
(a) Individual or class action for damages; amount
of award; factors determining amount of award.
(b) Correction of errors.
(c) Unintentional violations; bona fide errors.
(d) Liability in transaction or lease involving
multiple obligors.
(e) Jurisdiction of courts; limitations on actions;
State attorney general enforcement.
(f) Good faith compliance with rule, regulation, or
interpretation of Board or with interpretation
or approval of duly authorized official or
employee of Federal Reserve System.
(g) Recovery for multiple failures to disclose.
(h) Offset from amount owed to creditor or
assignee; rights of defaulting consumer.
(i) Class action moratorium.
1641. Liability of assignees.
(a) Prerequisites.
(b) Proof of compliance with statutory provisions.
(c) Right of rescission by consumer unaffected.
(d) Rights upon assignment of certain mortgages.
(e) Liability of assignee for consumer credit
transactions secured by real property.
(f) Treatment of servicer.
1642. Issuance of credit cards.
1643. Liability of holder of credit card.
(a) Limits on liability.
(b) Burden of proof.
(c) Liability imposed by other laws or by agreement
with issuer.
(d) Exclusiveness of liability.
1644. Fraudulent use of credit cards; penalties.
(a) Use, attempt or conspiracy to use card in
transaction affecting interstate or foreign
commerce.
(b) Transporting, attempting or conspiring to
transport card in interstate commerce.
(c) Use of interstate commerce to sell or transport
card.
(d) Receipt, concealment, etc., of goods obtained
by use of card.
(e) Receipt, concealment, etc., of tickets for
interstate or foreign transportation obtained
by use of card.
(f) Furnishing of money, etc., through use of card.
1645. Business credit cards; limits on liability of
employees.
1646. Dissemination of annual percentage rates;
implementation, etc.
(a) Annual percentage rates.
(b) Credit card price and availability information.
(c) Implementation.
1647. Home equity plans.
(a) Index requirement.
(b) Grounds for acceleration of outstanding
balance.
(c) Change in terms.
(d) Terms changed after application.
(e) Additional requirements relating to refunds and
imposition of nonrefundable fees.
1648. Reverse mortgages.
(a) In general.
(b) Projected total cost.
1649. Certain limitations on liability.
(a) Limitations on liability.
(b) Exceptions.

PART C - CREDIT ADVERTISING
1661. Catalogs and multiple-page advertisements.
1662. Advertising of downpayments and installments.
1663. Advertising of open end credit plans.
1664. Advertising of credit other than open end plans.
(a) Exclusion of open end credit plans.
(b) Advertisements of residential real estate.
(c) Rate of finance charge expressed as annual
percentage rate.
(d) Requisite disclosures in advertisement.
(e) Credit transaction secured by principal
dwelling of consumer.
1665. Nonliability of advertising media.
1665a. Use of annual percentage rate in oral disclosures;
exceptions.
1665b. Advertising of open end consumer credit plans secured
by consumer's principal dwelling.
(a) In general.
(b) Tax deductibility.
(c) Certain terms prohibited.
(d) Discounted initial rate.
(e) Balloon payment.
(f) "Balloon payment" defined.

PART D - CREDIT BILLING
1666. Correction of billing errors.
(a) Written notice by obligor to creditor; time for
and contents of notice; procedure upon receipt
of notice by creditor.
(b) Billing error.
(c) Action by creditor to collect amount or any
part thereof regarded by obligor to be a
billing error.
(d) Restricting or closing by creditor of account
regarded by obligor to contain a billing
error.
(e) Effect of noncompliance with requirements by
creditor.
1666a. Regulation of credit reports.
(a) Reports by creditor on obligor's failure to pay
amount regarded as billing error.
(b) Reports by creditor on delinquent amounts in
dispute; notification of obligor of parties
notified of delinquency.
(c) Reports by creditor of subsequent resolution of
delinquent amounts.
1666b. Length of billing period in credit statement for
imposition of finance charge; effect of failure of
timely mailing or delivery of statement.
(a) Additional finance charge.
(b) Excusable cause.
1666c. Prompt crediting of payments; imposition of finance
charge.
1666d. Treatment of credit balances.
1666e. Notification of credit card issuer by seller of return
of goods, etc., by obligor; credit for account of
obligor.
1666f. Inducements to cardholders by sellers of cash
discounts for payments by cash, check or similar
means; finance charge for sales transactions
involving cash discounts.
(a) Cash discounts.
(b) Finance charge.
1666g. Tie-in services prohibited for issuance of credit
card.
1666h. Offset of cardholder's indebtedness by issuer of
credit card with funds deposited with issuer by
cardholder; remedies of creditors under State law not
affected.
(a) Offset against consumer's funds.
(b) Attachments and levies.
1666i. Assertion by cardholder against card issuer of claims
and defenses arising out of credit card transaction;
prerequisites; limitation on amount of claims or
defenses.
(a) Claims and defenses assertible.
(b) Amount of claims and defenses assertible.
1666j. Applicability of State laws.
(a) Consistency of provisions
(b) Exemptions by Board from credit billing
requirements.
(c) Finance charge or other charge for credit for
sales transactions involving cash discounts.

PART E - CONSUMER LEASES
1667. Definitions.
1667a. Consumer lease disclosures.
1667b. Lessee's liability on expiration or termination of
lease.
(a) Estimated residual value of property as basis;
presumptions; action by lessor for excess
liability; mutually agreeable final
adjustment.
(b) Penalties and charges for delinquency, default,
or early termination.
(c) Independent professional appraisal of residual
value of property at termination of lease;
finality.
1667c. Consumer lease advertising; liability of advertising
media.
(a) In general.
(b) Advertising medium not liable.
(c) Radio advertisements.
1667d. Civil liability of lessors.
(a) Grounds for maintenance of action.
(b) Additional grounds for maintenance of action;
"creditor" defined.
(c) Jurisdiction of courts; time limitation.
1667e. Applicability of State laws; exemptions by Board from
leasing requirements.
1667f. Regulations.
(a) Regulations authorized.
(b) Model disclosure.

SUBCHAPTER II - RESTRICTIONS ON GARNISHMENT
1671. Congressional findings and declaration of purpose.
(a) Disadvantages of garnishment.
(b) Necessity for regulation.
1672. Definitions.
1673. Restriction on garnishment.
(a) Maximum allowable garnishment.
(b) Exceptions.
(c) Execution or enforcement of garnishment order
or process prohibited.
1674. Restriction on discharge from employment by reason of
garnishment.
(a) Termination of employment.
(b) Penalties.
1675. Exemption for State-regulated garnishments.
1676. Enforcement by Secretary of Labor.
1677. Effect on State laws.

SUBCHAPTER II-A - CREDIT REPAIR ORGANIZATIONS
1679. Findings and purposes.
(a) Findings.
(b) Purposes.
1679a. Definitions.
1679b. Prohibited practices.
(a) In general.
(b) Payment in advance.
1679c. Disclosures.
(a) Disclosure required.
(b) Separate statement requirement.
(c) Retention of compliance records.
1679d. Credit repair organizations contracts.
(a) Written contracts required.
(b) Terms and conditions of contract.
1679e. Right to cancel contract.
(a) In general.
(b) Cancellation form and other information.
(c) Consumer copy of contract required.
1679f. Noncompliance with this subchapter.
(a) Consumer waivers invalid.
(b) Attempt to obtain waiver.
(c) Contracts not in compliance.
1679g. Civil liability.
(a) Liability established.
(b) Factors to be considered in awarding punitive
damages.
1679h. Administrative enforcement.
(a) In general.
(b) Violations of this subchapter treated as
violations of Federal Trade Commission Act.
(c) State action for violations.
1679i. Statute of limitations.
1679j. Relation to State law.

SUBCHAPTER III - CREDIT REPORTING AGENCIES
1681. Congressional findings and statement of purpose.
(a) Accuracy and fairness of credit reporting.
(b) Reasonable procedures.
1681a. Definitions; rules of construction.
1681b. Permissible purposes of consumer reports.
(a) In general.
(b) Conditions for furnishing and using consumer
reports for employment purposes.
(c) Furnishing reports in connection with credit or
insurance transactions that are not initiated
by consumer.
(d) Reserved.
(e) Election of consumer to be excluded from lists.
(f) Certain use or obtaining of information
prohibited.
(g) Protection of medical information.
1681c. Requirements relating to information contained in
consumer reports.
(a) Information excluded from consumer reports.
(b) Exempted cases.
(c) Running of reporting period.
(d) Information required to be disclosed.
(e) Indication of closure of account by consumer.
(f) Indication of dispute by consumer.
(g) Truncation of credit card and debit card
numbers.
(h) Notice of discrepancy in address.
1681c-1. Identity theft prevention; fraud alerts and active
duty alerts.
(a) One-call fraud alerts.
(b) Extended alerts.
(c) Active duty alerts.
(d) Procedures.
(e) Referrals of alerts.
(f) Duty of reseller to reconvey alert.
(g) Duty of other consumer reporting agencies to
provide contact information.
(h) Limitations on use of information for credit
extensions.
1681c-2. Block of information resulting from identity theft.
(a) Block.
(b) Notification.
(c) Authority to decline or rescind.
(d) Exception for resellers.
(e) Exception for verification companies.
(f) Access to blocked information by law
enforcement agencies.
1681d. Disclosure of investigative consumer reports.
(a) Disclosure of fact of preparation.
(b) Disclosure on request of nature and scope of
investigation.
(c) Limitation on liability upon showing of
reasonable procedures for compliance with
provisions.
(d) Prohibitions.
1681e. Compliance procedures.
(a) Identity and purposes of credit users.
(b) Accuracy of report.
(c) Disclosure of consumer reports by users
allowed.
(d) Notice to users and furnishers of information.
(e) Procurement of consumer report for resale.
1681f. Disclosures to governmental agencies.
1681g. Disclosures to consumers.
(a) Information on file; sources; report
recipients.
(b) Exempt information.
(c) Summary of rights to obtain and dispute
information in consumer reports and to obtain
credit scores.
(d) Summary of rights of identity theft victims.
(e) Information available to victims.
(f) Disclosure of credit scores.
(g) Disclosure of credit scores by certain mortgage
lenders.
1681h. Conditions and form of disclosure to consumers.
(a) In general.
(b) Other forms of disclosure.
(c) Trained personnel.
(d) Persons accompanying consumer.
(e) Limitation of liability.
1681i. Procedure in case of disputed accuracy.
(a) Reinvestigations of disputed information.
(b) Statement of dispute.
(c) Notification of consumer dispute in subsequent
consumer reports.
(d) Notification of deletion of disputed
information.
(e) Treatment of complaints and report to Congress.
(f) Reinvestigation requirement applicable to
resellers.
1681j. Charges for certain disclosures.
(a) Free annual disclosure.
(b) Free disclosure after adverse notice to
consumer.
(c) Free disclosure under certain other
circumstances.
(d) Free disclosures in connection with fraud
alerts.
(e) Other charges prohibited.
(f) Reasonable charges allowed for certain
disclosures.
1681k. Public record information for employment purposes.
(a) In general.
(b) Exemption for national security investigations.
1681l. Restrictions on investigative consumer reports.
1681m. Requirements on users of consumer reports.
(a) Duties of users taking adverse actions on basis
of information contained in consumer reports.
(b) Adverse action based on information obtained
from third parties other than consumer
reporting agencies.
(c) Reasonable procedures to assure compliance.
(d) Duties of users making written credit or
insurance solicitations on basis of
information contained in consumer files.
(e) Red flag guidelines and regulations required.
(f) Prohibition on sale or transfer of debt caused
by identity theft.
(g) Debt collector communications concerning
identity theft.
(h) Duties of users in certain credit transactions.
1681n. Civil liability for willful noncompliance.
(a) In general.
(b) Civil liability for knowing noncompliance.
(c) Attorney's fees.
1681o. Civil liability for negligent noncompliance.
(a) In general.
(b) Attorney's fees.
1681p. Jurisdiction of courts; limitation of actions.
1681q. Obtaining information under false pretenses.
1681r. Unauthorized disclosures by officers or employees.
1681s. Administrative enforcement.
(a) Enforcement by Federal Trade Commission.
(b) Enforcement by other agencies.
(c) State action for violations.
(d) Enforcement under other authority.
(e) Regulatory authority.
(f) Coordination of consumer complaint
investigations.
(g) FTC regulation of coding of trade names.
1681s-1. Information on overdue child support obligations.
1681s-2. Responsibilities of furnishers of information to
consumer reporting agencies.
(a) Duty of furnishers of information to provide
accurate information.
(b) Duties of furnishers of information upon notice
of dispute.
(c) Limitation on liability.
(d) Limitation on enforcement.
(e) Accuracy guidelines and regulations required.
1681s-3. Affiliate sharing.
(a) Special rule for solicitation for purposes of
marketing.
(b) Notice for other purposes permissible.
(c) User requirements.
(d) Definitions.
1681t. Relation to State laws.
(a) In general.
(b) General exceptions.
(c) "Firm offer of credit or insurance" defined.
(d) Limitations.
1681u. Disclosures to FBI for counterintelligence purposes.
(a) Identity of financial institutions.
(b) Identifying information.
(c) Court order for disclosure of consumer reports.
(d) Confidentiality.
(e) Payment of fees.
(f) Limit on dissemination.
(g) Rules of construction.
(h) Reports to Congress.
(i) Damages.
(j) Disciplinary actions for violations.
(k) Good-faith exception.
(l) Limitation of remedies.
(m) Injunctive relief.
1681v. Disclosures to governmental agencies for
counterterrorism purposes.
(a) Disclosure.
(b) Form of certification.
(c) Confidentiality.
(d) Rule of construction.
(e) Safe harbor.
1681w. Disposal of records.
(a) Regulations.
(b) Rule of construction.
1681x. Corporate and technological circumvention prohibited.

SUBCHAPTER IV - EQUAL CREDIT OPPORTUNITY
1691. Scope of prohibition.
(a) Activities constituting discrimination.
(b) Activities not constituting discrimination.
(c) Additional activities not constituting
discrimination.
(d) Reason for adverse action; procedure
applicable; "adverse action" defined.
(e) Appraisals; copies of reports to applicants;
costs.
1691a. Definitions; rules of construction.
1691b. Promulgation of regulations by Board; establishment of
Consumer Advisory Council by Board; duties,
membership, etc., of Council.
(a) Regulations.
(b) Consumer Advisory Council.
1691c. Administrative enforcement.
(a) Enforcing agencies.
(b) Violations of subchapter deemed violations of
pre-existing statutory requirements;
additional agency powers.
(c) Overall enforcement authority of Federal Trade
Commission.
(d) Rules and regulations by enforcing agencies.
1691c-1. Incentives for self-testing and self-correction.
(a) Privileged information.
(b) Results of self-testing.
(c) Adjudication.
1691d. Applicability of other laws.
(a) Requests for signature of husband and wife for
creation of valid lien, etc.
(b) State property laws affecting creditworthiness.
(c) State laws prohibiting separate extension of
consumer credit to husband and wife.
(d) Combining credit accounts of husband and wife
with same creditor to determine permissible
finance charges or loan ceilings under Federal
or State laws.
(e) Election of remedies under subchapter or State
law; nature of relief determining
applicability.
(f) Compliance with inconsistent State laws;
determination of inconsistency.
(g) Exemption by regulation of credit transactions
covered by State law; failure to comply with
State law.
1691e. Civil liability.
(a) Individual or class action for actual damages.
(b) Recovery of punitive damages in individual and
class action for actual damages; exemptions;
maximum amount of punitive damages in
individual actions; limitation on total
recovery in class actions; factors determining
amount of award.
(c) Action for equitable and declaratory relief.
(d) Recovery of costs and attorney fees.
(e) Good faith compliance with rule, regulation, or
interpretation of Board or interpretation or
approval by an official or employee of Federal
Reserve System duly authorized by Board.
(f) Jurisdiction of courts; time for maintenance of
action; exceptions.
(g) Request by responsible enforcement agency to
Attorney General for civil action.
(h) Authority for Attorney General to bring civil
action; jurisdiction.
(i) Recovery under both subchapter and fair housing
enforcement provisions prohibited for
violation based on same transaction.
(j) Discovery of creditor's granting standards.
(k) Notice to HUD of violations.
1691f. Annual reports to Congress; contents.

SUBCHAPTER V - DEBT COLLECTION PRACTICES
1692. Congressional findings and declaration of purpose.
(a) Abusive practices.
(b) Inadequacy of laws.
(c) Available non-abusive collection methods.
(d) Interstate commerce.
(e) Purposes.
1692a. Definitions.
1692b. Acquisition of location information.
1692c. Communication in connection with debt collection.
(a) Communication with the consumer generally.
(b) Communication with third parties.
(c) Ceasing communication.
(d) "Consumer" defined.
1692d. Harassment or abuse.
1692e. False or misleading representations.
1692f. Unfair practices.
1692g. Validation of debts.
(a) Notice of debt; contents.
(b) Disputed debts.
(c) Admission of liability.
1692h. Multiple debts.
1692i. Legal actions by debt collectors.
(a) Venue.
(b) Authorization of actions.
1692j. Furnishing certain deceptive forms.
1692k. Civil liability.
(a) Amount of damages.
(b) Factors considered by court.
(c) Intent.
(d) Jurisdiction.
(e) Advisory opinions of Commission.
1692l. Administrative enforcement.
(a) Federal Trade Commission.
(b) Applicable provisions of law.
(c) Agency powers.
(d) Rules and regulations.
1692m. Reports to Congress by the Commission; views of other
Federal agencies.
1692n. Relation to State laws.
1692o. Exemption for State regulation.

SUBCHAPTER VI - ELECTRONIC FUND TRANSFERS
1693. Congressional findings and declaration of purpose.
(a) Rights and liabilities undefined.
(b) Purposes.
1693a. Definitions.
1693b. Regulations.
(a) Prescription by Board.
(b) Issuance of model clauses.
(c) Criteria; modification of requirements.
(d) Applicability to service providers other than
certain financial institutions.
1693c. Terms and conditions of transfers.
(a) Disclosures; time; form; contents.
(b) Notification of changes to consumer.
(c) Time for disclosures respecting accounts
accessible prior to effective date of this
subchapter.
1693d. Documentation of transfers.
(a) Availability of written documentation to
consumer; contents.
(b) Notice of credit to consumer.
(c) Periodic statement; contents.
(d) Consumer passbook accounts.
(e) Accounts other than passbook accounts.
(f) Documentation as evidence.
1693e. Preauthorized transfers.
1693f. Error resolution.
(a) Notification to financial institution of error.
(b) Correction of error; interest.
(c) Provisional recredit of consumer's account.
(d) Absence of error; finding; explanation.
(e) Treble damages.
(f) Acts constituting error.
1693g. Consumer liability.
(a) Unauthorized electronic fund transfers; limit.
(b) Burden of proof.
(c) Determination of limitation on liability.
(d) Restriction on liability.
(e) Scope of liability.
1693h. Liability of financial institutions.
(a) Action or failure to act proximately causing
damages.
(b) Acts of God and technical malfunctions.
(c) Intent.
(d) Exception for damaged notices.
1693i. Issuance of cards or other means of access.
(a) Prohibition; proper issuance.
(b) Exceptions.
(c) Validation.
1693j. Suspension of obligations.
1693k. Compulsory use of electronic fund transfers.
1693l. Waiver of rights.
1693m. Civil liability.
(a) Individual or class action for damages; amount
of award.
(b) Factors determining amount of award.
(c) Unintentional violations; bona fide error.
(d) Good faith compliance with rule, regulation, or
interpretation of Board or approval of duly
authorized official or employee of Federal
Reserve System.
(e) Notification to consumer prior to action;
adjustment of consumer's account.
(f) Action in bad faith or for harassment;
attorney's fees.
(g) Jurisdiction of courts; time for maintenance of
action.
1693n. Criminal liability.
(a) Violations respecting giving of false or
inaccurate information, failure to provide
information, and failure to comply with
provisions of this subchapter.
(b) Violations affecting interstate or foreign
commerce.
(c) "Debit instrument" defined.
1693o. Administrative enforcement.
(a) Enforcing agencies.
(b) Violations of subchapter deemed violations of
pre-existing statutory requirements;
additional powers.
(c) Overall enforcement authority of Federal Trade
Commission.
1693p. Reports to Congress.
1693q. Relation to State laws.
1693r. Exemption for State regulation.