Law 792:  Consumer Finance

Consumer Finance covers the law and finance of household lending. The course will cover basic financial principles and household lending laws to give students a background in these topics appropriate for entry-level lawyer positions in plaintiffs’ firms, corporate defense firms, general practice firms, administrative agencies, and compliance departments of financial institutions. The course also will empower students with legal knowledge that will help them navigate their own personal financial lives.

Course coverage will include important federal laws such as the Fair Credit Reporting Act, the Equal Credit Opportunity Act, the Credit CARD Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and regulations of the Consumer Financial Protection Bureau as well as state laws such as small-loan laws or unfair deceptive acts and practices (UDAP) laws.

Sequence and Prerequisites: None

Evaluation: Eighty percent of the course grade will be based on the final examination, and the other twenty percent will be based on completion of the other course requirements.