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The staff of the Federal Trade Commission has provided its 2019 Annual Financial Acts Enforcement Report to the Consumer Financial Protection Bureau on its enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act (EFTA).

The report on TILA, CLA, and EFTA highlights, among other things, the FTC’s enforcement actions related to automobile purchases and financing, payday lending, credit repair and debt relief, consumer electronics financing, and electronic fund transfers.

It also addresses the FTC’s research and policy efforts related to truth in lending, including assessment and review of information from a qualitative study of consumers’ experiences in buying and financing automobiles at dealerships, and a workshop examining small business financing. The report highlights the agency’s Military Task Force, which comprises a cross-section of FTC representatives and focuses on various initiatives to assist military consumers. The report further outlines the FTC’s consumer and business education efforts on truth in lending, leasing, and electronic fund transfer issues.

A copy of the report also has been provided to the Federal Reserve Board.

The Federal Trade Commission works to promote competition and protect and educate consumers. Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Contact Information

Media Contact

Staff Contact

Carole Reynolds
Bureau of Consumer Protection