Consumer Financial Protection
/kəˈnɒnɪkəl tɜːrm kənˌsjuːmər fɪˈnænʃəl prəˈtɛkʃən/
Definitions
- (n.) Laws, regulations, and policies designed to protect consumers from unfair, deceptive, or abusive financial practices.
Consumer financial protection aims to ensure transparency in lending and prevent predatory loans.
Forms
- consumer financial protection
Related terms
See also
Commentary
Typically refers to regulatory frameworks and enforcement mechanisms; drafting should emphasize clarity on covered transactions and entities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.