Model Consumer Credit Act (1973)

Model Consumer Credit Act (1973) (325 pages) builds on NCLCs 1970 National Consumer Act (NCA).  It is also a response to the inadequacies of the Uniform Consumer Credit Code drafted by the National Commissioners on Uniform State Laws (now the Uniform Laws Commission). While covering many of the same topics as the NCA, it has more extensive treatment of assignee attempts to cut off liability, door-to-door sales, credit card errors, credit reporting, and injunctions and class actions. Both the National Consumer Act and the Model Consumer Credit Act foreshadowed much of the consumer legislation of the 1970s.