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Advertising Regulation
Refers to the laws and rules governing how products and services can be promoted to the public.
Truth in Lending Act
A federal law designed to protect consumers in their dealings with lenders and creditors by requiring clear disclosure of loan terms and costs.
Revolving Credit
A credit agreement that allows a borrower to withdraw, repay, and redraw loans repeatedly up to a certain credit limit.
Magnuson-Moss Act
A federal law enacted to protect consumers from deceptive warranty practices, improving the enforceability of warranties on consumer products.
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