Which act protects consumers from unfair credit card billing practices?

The Credit CARD Act is designed specifically to protect consumers from unfair practices in the credit card industry. It was enacted to address a variety of issues related to credit card billing and marketing practices that were deemed deceptive or unfair. Key provisions of this act require clearer disclosure of terms and conditions, limits on certain fees, and advance notice of interest rate increases. This focused legislation is particularly important for ensuring that credit card holders understand their rights and are not subjected to unfair charges or sudden changes in their account terms.

In comparison, other acts such as the Fair Debt Collection Practices Act mainly address the collection of debts rather than billing practices, while the Consumer Credit Protection Act is broader and encompasses various aspects of consumer credit, and the Truth in Lending Act requires lenders to provide clear information about loan terms but does not exclusively target credit card billing. Thus, the Credit CARD Act is the most relevant law for protecting consumers against unfair billing practices specifically related to credit cards.