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The consumer credit law is designed to support and protect consumers by mandating creditors to disclose credit terms to consumers.
This backed by the The Consumer Credit Protection Act which protects consumers from loan sharks, restricts the garnishing of wages, and established the National Commission on Consumer Finance to investigate the consumer finance industry.
The Federal Trade Commission
The Federal trade commission is an agency saddled with the task of helping and protecting unsuspecting consumers from trade fraud.
They do this by stopping unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights.
Better Business Bureau
The Better Business Bureau is a non profit organization whose main aim is mission is to focus on advancing marketplace trust in the United states.
Learn more about the Federal Trade Commission at https://brainly.com/question/8244775
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