Consumer Credit Protection Act

By dakota nechkash and chyenne Nechkash

when was the original act passed and has the name of the act ever been changed?

It was passed in 1968 and the name has never changed.

What happened before it was enacted?

Before it was enacted Americans didn't have fair and honest credit practices.

Why did those injustices occur?

Because not all lenders followed the same set of regulations

Was there a specific incident that triggered passage of the act?

Yeah people didn't have limits so they would owe all this money.

What type of people are affected by this act-who does it help?

It affects everyone and it helps out civilians.