The use of credit is a way of life in the United States. At any one time, about three-fourths of American households have some form of debt, including credit purchases of cars, appliances, clothing, vacation trips and other goods and services. Just over two-fifths of households have loans secured by their homesin other words, mortgages.
This section will help you understand the rules, regulations, and laws about consumer installment credit, designed to protect you, the consumer.
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Applying for Credit
Choosing a Credit Card
Checking Your Credit Record
Buy the new
ABA Guide to Credit & Bankruptcy
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