Vol. II
Consumer Credit Authority
MMXXVI
Forthcoming
Consumer Credit Authority
The Fair Debt Collection Practices Act and the Fair Credit Reporting Act, read as written.
Faculty of the School of Consumer Credit
← The Academy
A School of the Academy
School of Consumer Credit & Debt Collection
Department of Consumer Financial Law
Consumer protection, debt validation, and the credit ecosystem.
§ I
Introduction
Scope of Study
Consumer Credit & Debt Collection
The federal consumer credit statutes are short and specific. The School reads them as written and follows the case law that construes them.
§ II
Philosophy of the School
On how this School reads.
The federal consumer credit statutes are unusually compact. The School treats that compactness as an invitation to read them in full, in the order Congress wrote them, with the implementing regulations alongside. The case law follows; it does not lead.
§ III
What Students Will Study
The commitments of the School.
A School commits to a set of questions and to a method of reading them. The following are the working commitments of this department.
- 01
The scope and remedies of the Fair Debt Collection Practices Act
- 02
The accuracy and dispute machinery of the Fair Credit Reporting Act
- 03
The disclosure regime of the Truth in Lending Act and Regulation Z
- 04
The interaction of federal statutes with state consumer protection law
- 05
The mechanics of debt validation and the discipline of pleading
§ IV
Curriculum
The syllabus.
The syllabus is read in sequence. Foundations are not optional; advanced study presumes them.
Foundations
- 01
Definitions: debt collector, consumer, communication
- 02
The validation notice and the thirty-day dispute window
- 03
Prohibited practices under 15 U.S.C. § 1692
Intermediate Study
- 01
FCRA: furnisher and consumer reporting agency duties
- 02
TILA disclosures under Regulation Z
- 03
Private rights of action, damages, and the one-year limitations period
Advanced Study
- 01
Standing after Spokeo and TransUnion
- 02
Preemption of state law by federal consumer statutes
- 03
Class certification in consumer cases
Research & Method
- 01
Locating CFPB advisory opinions and consent orders on a question
- 02
Tracing a regulation back to its enabling statute
- 03
Surveying state UDAP statutes against the federal floor
Reference Materials
- 01
15 U.S.C. §§ 1601–1693r
- 02
12 C.F.R. parts 1022, 1026
- 03
CFPB Supervisory Highlights
Suggested Reading
- 01
National Consumer Law Center, Fair Debt Collection
- 02
National Consumer Law Center, Fair Credit Reporting
§ V
Learning Outcomes
The capacities a member should leave with.
Outcomes are stated as capacities, not credentials. They describe what a member should be able to do after sustained reading.
- 01
Read a federal consumer statute against its implementing regulation
- 02
Draft a validation request and evaluate the response under the statute
- 03
Identify whether a state UDAP claim adds to, or duplicates, a federal claim
§ VI
Primary Authorities
The texts the School takes seriously.
Authorities are listed by category. Entries marked in preparation are catalogued and reviewed before they enter the working record.
Statutes
3 entries
Authority
Fair Debt Collection Practices Act (15 U.S.C. §§ 1692–1692p)
Authority
Fair Credit Reporting Act (15 U.S.C. §§ 1681–1681x)
Authority
Truth in Lending Act (15 U.S.C. §§ 1601–1667f)
Regulations
3 entries
Authority
Regulation V (12 C.F.R. part 1022)
Authority
Regulation Z (12 C.F.R. part 1026)
Authority
Regulation F (12 C.F.R. part 1006)
Administrative Guidance
2 entries
Authority
CFPB advisory opinions
Authority
CFPB consent orders and Supervisory Highlights
Treatises & Restatements
1 entry
Authority
National Consumer Law Center treatises
§ VII
Featured Publications
From the press of the institution.
The following volumes are drawn from, or supply, the work of this School. Each is reviewed by faculty before publication.
Monograph No. 1
An Introduction to Legal Research
MMXXV
In Press
An Introduction to Legal Research
The hierarchy of authority and the discipline of citation.
Faculty of the School of Legal Research
Vol. III
The Architecture of Civil Procedure
MMXXVI
Forthcoming
The Architecture of Civil Procedure
Pleadings, motions, and the path of a case.
Faculty of the School of Civil Procedure
The Society Press
All publications →§ VIII
Research in the Library
Where this School reads.
The divisions below carry the primary materials this School draws on. The catalogue opens in stages as the index is reviewed.
Library Division
Statutes
Codified federal and state statutory law, organized by title and chapter.
Library Division
Regulations
The Code of Federal Regulations and state administrative codes.
Library Division
Administrative Guidance
Agency interpretive material — revenue rulings, advisory opinions, and policy statements.
Catalogue · XI Divisions
Enter the Research Library →§ IX
Related Schools
Departments that read alongside this one.
Doctrine does not respect departmental boundaries. The following Schools take up adjacent questions.
Admission
Join the founding cohort of the Consumer Credit & Debt Collection department.
All Founding Members are admitted into every School. Tuition and dues are not yet open.
The Real Law Society · Est. MMXXVRead Law. Not Lore.Vol. I — Folio I