are several laws and regulations in place to protect consumers from unfair or deceptive practices. Some of the key ones include

The Federal Trade Commission Act

This act prohibits unfair or deceptive acts or practices in commerce. The Federal Trade Commission (FTC) is responsible for enforcing this law and has the authority to take action against companies that engage in deceptive advertising, marketing, or sales practices.

The Truth in Lending Act

This law requires lenders to disclose key terms and costs of credit to consumers before they agree to a loan or credit card. It also prohibits certain deceptive practices, such as misrepresenting the terms of a loan or credit agreement.

The Fair Credit Reporting Act

This law regulates the collection, dissemination, and use of consumer credit information. It gives consumers the right to access their credit reports, dispute inaccurate information, and seek damages from companies that violate the law.

The Consumer Financial Protection Bureau

This federal agency was created in response to the financial crisis of 2008 to protect consumers from unfair, deceptive, or abusive financial practices. It enforces various consumer protection laws and regulations related to financial products and services.

State consumer protection laws

In addition to federal laws, many states have their own consumer protection laws that prohibit unfair or deceptive practices in various industries, such as housing, healthcare, and retail.

Overall, these laws and regulations aim to ensure that consumers are treated fairly and have access to accurate information when making purchasing decisions. By holding companies accountable for deceptive practices, consumers can make informed choices and protect themselves from fraud or exploitation.