Epilogue

AuthorDaniel A Edelman
ProfessionLawyer
Pages119-119
119
As attorneys who represent consumers in con-
sumer credit and collection cases, we see many
people who get into trouble in consumer credit
transactions. We have attempted to provide infor-
mation to help you stay out of trouble or deal with
it if a problem arises.
It is important that you have a basic understand-
ing of your rights and obligations with respect to
obtaining credit and protecting your credit record.
The law requires that you be provided with
advance information regarding terms of proposed
credit transactions. However, many people get into
disadvantageous or unaffordable credit transactions
because they do not understand or do not use the
information furnished.
The law also gives you substantial rights if
something goes wrong with a credit transaction. If
you do not get what you bargained for, you have
rights. If you are unable to repay, you also have
rights. If a problem arises with respect to your
credit report or credit score, you have rights.
Most of the laws that regulate consumer credit
provide for statutory damages and an award of
attorney’s fees against the business. You should
not hesitate to consult an attorney if you have a
problem.
Epilogue
Edelman53574_Epilogue.indd 119 22/05/17 10:31 AM

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