Rhode Island

Consumer Protection Lawyers.

HOME

August 24, 2010

Selecting an attorney for legal cases is a very important decision. Please enter your information below to receive a Free Consultation from an attorney in your area:

Zip Code:

Rhode Island Consumer Protection News

Federal Reserve Alerted The Public To Instances Of Questionable Solicitations Directed At Homeowners

The Federal Reserve has received inquiries and complaints from recipients of direct mail solicitations that suggest there is a "Community Reinvestment Act (CRA) program" that entitles certain homeowners to cash grants or equity disbursements. Some of these solicitations may be read to indicate that the Federal Reserve endorses or supports the offers they contain. These solicitations appear to be a deceptive effort to encourage consumers to apply for a mortgage loan secured by the consumer's home. The Federal Reserve cautions the public about loan solicitations or other offers from lenders or mortgage brokers that offer consumers cash grants or equity disbursements as part of a "CRA Program." No such federal programs exist and these programs are not required by the CRA.

The Community Reinvestment Act is a federal law that was enacted in 1977. It encourages depository institutions to help meet the credit needs of their communities, including low- and moderate-income neighborhoods, in ways that are consistent with safe and sound banking operations. The CRA does not entitle individuals to any grants or loans. Read more at federalreserve.gov

Contact a Rhode Island Consumer Protection lawyer today and get a free consultation!

Did You Know?

Phishing is a general term for criminals creation and use of e-mails and websites

	Newsroom
	Latest news about Consumer Protection cases in Rhode Island and nationwide: FBI Partners With Retailers To Fight Organized Retail Theft In response to Congressional legislation intended to combat the growing problem of organized retail theft, the FBI has worked with the National Ret... Read more > The Lemon Law Program, In Connecticut The Lemon. It’s every car owner’s nightmare. Your dream car spends more time in the repair shop than on the road while you watch the "clock" on you... Read more > H&R Block gets sued New York Attorney General Eliot Spitzer sued H&R Block on Wednesday, claiming the nation's largest tax preparer fraudulently sold hundreds... Read more > More Consumer Protection News >

Consumer Protection Lawyers.com Terms

Today's Terms

Lessee

Definition:
The party to whom the item is leased. In a consumer lease, the lessee is you, the consumer. The lessee is required to make payments and to meet other obligations specified in the lease agreement.

Residual Value

Definition:
The end-of-term value of the item established at the beginning of the lease and used in calculating your base monthly payment. The residual value is deducted from the adjusted capitalized cost to determine the depreciation and any amortized amounts. It is an estimate that may be determined in part by using residual value guidebooks. The residual value may be higher or lower than the realized value at the scheduled end of the lease.

Charity Scams

Definition:
If you’re approached by an unfamiliar charity, check it out. Most states require charities to register with them and file annual reports showing how they use donations. Ask your state or local consumer protection agency how to get this information.

More Consumer Protection Lawyers.com Terms >

Consumer Resources

Search Consumer Protection resources in our resource center:

More Resources >

Consumer Hot Topics

Topics Related to Consumer Protection:

Automobile Repair
Buying a Car
Buying a Hearing Aid
Buying or Selling a Home
Cable Television
Charitable Giving

Rhode Island Consumer-Protection Attorney

If you live in the following cities and need an Consumer-Protection attorney you should contact our Consumer-Protection Attorney as soon as possible:

Barrington
Bristol
Central Falls
Coventry
Cranston
Cumberland
East Greenwich
East Providence
Johnston
Lincoln
Middletown
Narragansett
Newport

North Kingstown
North Providence
Pawtucket
Portsmouth
Providence
Riverside
Tiverton
Wakefield
Warwick
West Warwick
Westerly
Woonsocket

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Rhode Island Consumer Protection Lawyers.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep

This site is part of the LawFirms.com Network
©2010 ExpertHub, wholly owned subsidiary of MoxyMedia, Inc.