How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds

Ask a Consumer Protection Lawyer

Infolawyer
Infolawyer, Lawyer
Category: General
Satisfied Customers: 5939
Experience:  Licensed attorney helping individuals and businesses.
11313492
Type Your Consumer Protection Law Question Here...
characters left:
4 Consumer Protection Lawyers are Online Now

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
 
 
 

Truth in Lending Act

What is truth in lending act?

In the United States the Truth in Lending Act or TILA is intended to help the informed use of the consumer credit, by requiring the discovery about its conditions and cost to regulate the style of the costs that is related with borrowing, this is then added up and then released. The Truth in Lending Act also provides buys the right to cancel a certain credit purchase that involves a lien on a buyers standard house, regulates the certain credit card training and then provides a way for a fair and timely ruling of the credit card billing arguments. With this being said there is a certain exception of a certain high cost mortgage loans, the Truth in Lending Act in fact does not regulate the charges that can possibly be forced for the buyers credit. Instead, this requires uniform or consistent discovery of the costs and charges so it is possible for the buyer to shop. This also forces limitations on home equity plans that have requirements from the Section 226-b and certain higher mortgages that have requirements that is listed in the Section 226-32.

What is the Truth in Lending Act statute of limitations?

According to the U.S.C 1641(e) when an individual has violated the Truth in Lending Act the limitation is for one year for legal and the actual damages begin. A Truth in Lending Act violation can happen at the end of the transaction that is between the creditor and the buyer if the transaction is made without the required discovery. A creditor can also violate the Truth in Lending Act by acting in fraud, misleading or unreliable acts that can hid the Truth in Lending Act violation that happened at the closing. Many times buyers do not realize the violation until it has already happened and the buyer has already paid a high dollar amount in charges that were forced by their creditors. The buys that then realize that the creditor has violated the Truth in Lending act can then claim a reasonable tolling of the statute of limitations. When the buyer has an unlimited right to cancel or take up other legal solutions because the violation has occurred, the statute of limitation for all of the damages the buyer has searched for then continues for three years from the date of the violation was found.

Are credit card issuers allowed to offering hardships, workout debt repayment programs to the card holders?

In case such as this, many credit card companies are allowed to offer different types of payment programs or even settle debts that are less than what is owed. Normally, debt relief is used as a form of settlements and then considered to be private contracts. These different settlements are normally believed to be an advantage for the buyer and there is no regular plan that deals with these. This is often times known as a debt settlement. If a debt repayment program was used to affect the conditions of the loan as an interest rate and payments, then the notice would then be required under the Truth in Lending Act.

Will the Truth in Lending Act protect someone who had co-signed for another person’s loan, when asked to sign the form they were informed it was to verify that they were working?

The Truth in Lending Act relates to the discovery of certain information of a loan, which can include the payment conditions, and what the costs will be for borrowing. Now, if the lender has personally not informed the borrower then in that case there would be an issue. But, from what is states, it seems as if the borrower and placed the papers in front of a third party and that third party trusted this person and signed the paperwork without reviewing the terms and conditions. The conditions alone can possibly have stated that it was a loan. The fight will not be with the loan company, in fact there is a fight with the individual who had not been completely honest about the paperwork.

When in a situation that you are unaware if the Truth in Lending Act will cover the situation you are in there are many questions that can arise, and you may feel like you are not being well informed or from the beginning you were not told that this Act can apply to you. The Experts online can provide this legal information to where you can be legally informed of your rights.

Ask a Consumer Protection Lawyer

Infolawyer
Infolawyer, Lawyer
Category: General
Satisfied Customers: 5939
Experience:  Licensed attorney helping individuals and businesses.
11313492
Type Your Consumer Protection Law Question Here...
characters left:
4 Consumer Protection Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Consumer Protection Lawyers are online & ready to help you now

Infolawyer
Lawyer
Satisfied Customers: 5518
Licensed attorney helping individuals and businesses.
Ely
Counselor at Law
Satisfied Customers: 2620
Private practice with focus on family, criminal, PI, consumer protection, and business consultation.
Law Pro
Lawyer
Satisfied Customers: 1711
20 years experience in consumer advocacy, debt collection violations, contracts, construction

Recent Truth in Lending Questions

  • Are tow trucks contracted to repossess a vehicle allowed to

    Are tow trucks contracted to repossess a vehicle allowed to move a car in the way? My roommate is 60 days overdue and we share a parking spot where I park behind them. There are cars on either side and without moving my vehicle, it would be impossible for them to take their car without damaging it, or picking mine up and doing the same.
    Is that allowed? I'm afraid my car is going to get banged up....
  • Hi! I had an agreement with a merchant that was supposed to

    Hi!
    I had an agreement with a merchant that was supposed to provided certain services outlined in the agreemt. I paid the fee upfront by this agreement. The agreement stated that the amount is refundable within first 3 days. But the services take more time to do so there is no reason to cancel the services at this stage. Also, the merchant included a statement that I cannot chargeback them. However hey breached the agreement by not providing the outlined services and/or doing some of them not as they were described to me. So I exercised my right of chargeback based in the reasons: not provided services and what was provided was not provided as was promised. I paid with Discover card and decided to dispute the charge. I just received am unanimous email from them informing me that they are sent these charges to collection and they I will be reported to credit and it will stay there till I pay or revoke the chargeback. What are my rights? Are they acting legally? Do they have right to prohibit me from chargebacking if they did not provide services? Thank you very much!
  • I just purchased a volkswagen beetle turbo convertible 2005

    I just purchased a volkswagen beetle turbo convertible 2005 on 12/15/14. I paid the dealer cash( like a fool) $5000. I tried calling my mechanic for his advise prior to purchase but he was I'll, so I went ahead and did the deal. After seeing my mechanic today he said that's the worst vehicle I could have bought. Although I paid cash, I have not taken possession of the vehicle until this Saturday, 12/20/14. The car was purchased in NH. The dealer said he needed to fix a door panel and clean it for me. I have not received the title either. I do however have a sales agreement in hand. Can I get my money back?
< Last | Next >
View More Consumer Protection Law Questions