International Journal of Social Policy & Education

ISSN 2689-4998 (print), 2689-5013 (online)

DOI: 10.61494/ijspe

Consumer Protection in a Regulatory Environment

John H. Shannon, Hector R. Lozada & Richard J. Hunter. Jr.


The credit industry in the United States has been the focus of attention as creditors balance risks inherent in granting credit with those of consumer-borrowers who wish to procure goods and services through legitimate credit arrangements. Congress has intervened to regulate and police certain industries and institutions involved in providing Americans with necessary credit. This paper considers consumer protections from both an industry and consumer perspective by examining major statutes enacted by Congress and the regulations adopted by the Federal Trade Commission and the Consumer Financial Protection Board.*