Important guide towards Consumer Fraud Act and Consumer Protection Laws

Author: smithjhonson | Posted: 28.03.2012

Consumers all over the world are getting cheated on their consumer rights as well as the products they are buying from the dealers and manufacturers all over the world. Most often than not, the innocent and the naive customers fall into the trap of such dealers and manufacturers and face immense losses in terms of money as well as time.

With the help of the Consumer Fraud Act and the Consumer Protection Laws, there is now a ray of hope for such naive customers who are being victimised on a regular note. All the countries and nations have their own strictures, rules, and regulations in order to protect the customer rights. There are many federal laws implemented to help the consumers and one such law is the consumer fraud act. This act allows the consumers to lodge complaints against the dealers and the manufacturers who cheated or tried to cheat on them. Some of the points that get covered under this act are as follows:

1.When the customer complains of the product being defective,

2.There is some form of swindle in the matters of real estate,

3.When the product does not provide the same utility or functions the way it was depicted in the advertisements,

4.When anyone uses fake statements of noble causes and does not keep up to it, it is also considered as a case of fraud.

5.In case any insurance company denies the minimum insurance coverage for the consumer or the customer.

In case you have been ever a victim of any such fraud cases yourself, make sure to seek the help of lawyers and attorneys who are experts in the consumer protection laws. They are the ideal people to guide you about the various steps that you can undertake against the cheater company with the help of the consumer fraud act.

The main objective of this Consumer Fraud Act is to provide the necessary consumer protection and safety to the consumers from the hands of fraudsters. It also enforces the product safety laws. Another aspect of the consumer protection law is if you have not been able to repay the loans that you have taken in the recent times and is facing harassments from the debt collection agents, you can approach this law to protect yourself.

This law is also formulated to protect the rights of the loan consumers against the harassments meted out by the debt collection agencies.

Article was printed from http://www.articleside.com/business-articles/important-guide-towards-consumer-fraud-act-and-consumer-protection-laws.htm
Click here to return original format