3 ways government agencies protect consumers from bankruptcy

3 ways government agencies protect consumers from bankruptcy

According to, consumers with a FICO score between and can expect an interest rate of % on a month used-car loan, a sharp contrast to the % rate consumers with scores. Jul 17,  · • Trade description act-ensures that producers and traders do not cheat consumers by providing false description on the products they offer. OR (i) Rent and tribunal Act. (ii) Public health Act. (iii) Sale of goods Act/ Trade description Act. (iv) Food and drug Act. (v) Setting up standards. (vi) By licencing. (vii) Weights and measures Act. Consumer rights sound like it would be a given in America, but it wasn’t until the ’s that the government first acted to protect consumers. It started with the Consumer Credit Protection Act of , when Congress moved to shield consumers and their financial records from abuse. 3 ways government agencies protect consumers from bankruptcy

In most cases, if you are a victim of a scam or unfair business practices, you can file a complaint with this Ministry. Consumer Protection Ontario provides information about how to protect yourself as a consumer and how to file a claim.

The federal and provincial governments are responsible for protecting consumer rights. For More Information Consumer Information - This site has consumer protection information from over 25 government agencies. Consumer Protection Ontario - This website has important information about consumer protection and how to protect yourself from scams. From the Ministry of Government and Consumer Services. Related Articles What are my consumer rights and responsibilities?

How do I make a consumer complaint? A lawyer as part of the group legal services benefit can advise a plan member of what constitutes a legitimate complaint, and how to go about filing it. A successful complaint can cause a manufacturer to stop production.

The modern economy is fiercely competitive and unethical business owners will cut corners without regard to the health or safety of the consumers. Unethical practices also produce incredibly bad service and no consumer should have to deal with it. One of the group legal services a Countrywide attorney provides is information about fraud or what constitutes a defective product. He or she educates a group legal plan member on what consumer rights they have and how redress can be best achieved.

If unethical practices merit a court case being filed, Countrywide attorneys will help plan members prepare the case to go before the Small Claims court. States have various laws protecting the consumer, which sometimes are ignored by business. One group legal services benefit that can be performed is correspondence.

The Countrywide attorney can send a letter on official stationary to a business telling them of their defective product. This can cause the establishment to reimburse the plan member. Defective products can be dangerous. When a plan member needs consumer protection advice the Countrywide attorney moves quickly. The right counsel is given as a necessary part of the group legal services provided, and options are explained patiently to the plan member.

Delays in performing needed help will not happen. Countrywide administration is purposely designed to facilitate services being provided to an individual. A consumer who is having problems with preparing the paperwork for filing a complaint is assisted by the Countrywide attorney. A solid resolution is what ultimately happens because Countrywide provides highly effective legal assistance.

Any unethical practices and protecting a consumer are major reasons why Countrywide offers its support to plan members.

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