1666g. Tie-in services prohibited for issuance of credit card Notwithstanding any agreement to the contrary, a card issuer may not require a seller, as a condition to participating in a credit card plan, to open an account with or procure any other service from the card issuer or its subsidiary or agent.

This section of the United States Code governs the offset of a cardholder’s indebtedness by the issuer of a credit card with funds deposited by the cardholder. It states that a card issuer cannot offset a cardholder’s debt against funds held on deposit with the issuer, unless the cardholder has previously authorized such action in writing and the cardholder has not requested the offset for any outstanding disputed amount. The written authorization is not required for credit card accounts existing before the effective date of this section, but it must be obtained upon renewal of the account or within one year after the effective date.

This provision, found in the United States Code under the Consumer Credit Protection section, pertains to claims and defenses arising from credit card transactions. It applies to card issuers and cardholders who have entered into an open end consumer credit plan. The card issuer is subject to all claims and defenses, except for tort claims, if certain prerequisites are met. These prerequisites include the cardholder making a good faith attempt to resolve the disagreement with the person honoring the credit card, the initial transaction amount exceeding $50, and the transaction occurring in the same state as the cardholder’s mailing address or within 100 miles of such address.

This legal document, 1666j of the United States Code, addresses the applicability of State laws to credit billing practices. It states that this part does not annul, alter, or affect, or exempt any person subject to the provisions of this part from complying with, the laws of any State with respect to credit billing practices, except to the extent that those laws are inconsistent with any provision of this part, and then only to the extent of the inconsistency.

This section of the United States Code, under the Commerce and Trade section, specifically addresses the block of information resulting from identity theft. It applies to consumer reporting agencies. According to this section, consumer reporting agencies are required to block the reporting of any information in the file of a consumer that the consumer identifies as information resulting from alleged identity theft. The agency must block this information within 4 business days after receiving appropriate proof of the consumer’s identity, a copy of an identity theft report, identification of the information by the consumer, and a statement from the consumer that the information is not related to any transaction by the consumer.

This legal document provides an exception to the definition of a debt collector for private entities operating certain bad check enforcement programs. To qualify for the exception, the following conditions must be met: (1) a State or district attorney establishes a pretrial diversion program for alleged bad check offenders, (2) a private entity subject to an administrative support services contract with the State or district attorney operates the program, and (3) the private entity complies with certain requirements, such as conforming with the terms of the contract, not exercising independent prosecutorial discretion, and contacting alleged offenders only after a determination of probable cause and failed payment.

This provision, found in the United States Code under the Consumer Credit Protection Act, governs the issuance of cards or other means of access for initiating electronic fund transfers. It prohibits issuing such cards or means of access to consumers unless it is in response to a request or application, or as a renewal or substitution for an accepted card or means of access. However, there are exceptions that allow the distribution of unsolicited cards, codes, or means of access under certain conditions.

This legal document, found in the United States Code under the section on Consumer Credit Protection and Electronic Fund Transfers, governs the establishment of reasonable fees and rules for payment card transactions. It grants regulatory authority to the Board to prescribe regulations regarding interchange transaction fees for electronic debit transactions. The regulations aim to ensure that the amount of interchange transaction fees charged by issuers is reasonable and proportional to the cost incurred by the issuer.

This legal document provides definitions for various terms related to false advertisement, food, drug, device, and cosmetic. It defines ‘false advertisement’ as an advertisement, other than labeling, that is misleading in a material respect. The document also defines ‘food’ as articles used for food or drink for man or other animals, ‘drug’ as articles intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in man or other animals, ‘device’ as an instrument or apparatus intended for use in the diagnosis or treatment of disease, and ‘cosmetic’ as articles intended for cleansing, beautifying, promoting attractiveness, or altering the appearance of the human body.

This legal document, as stated in section 6801 of the United States Code, establishes the policy that financial institutions have an obligation to respect the privacy of their customers and protect the security and confidentiality of their nonpublic personal information. The document requires agencies or authorities, excluding the Bureau of Consumer Financial Protection, to establish appropriate standards for financial institutions under their jurisdiction. These standards include administrative, technical, and physical safeguards to ensure the security and confidentiality of customer records and information, protection against threats or hazards to the integrity of such records, and prevention of unauthorized access or use that could harm customers.