Re: Written Contract or Open Account

Posted by LadynRed (199.91.33.254) on December 16, 2003 at 15:44:18:

In Reply to: Written Contract or Open Account posted by Justapauper on December 16, 2003 at 15:33:51:

The AG's staff are clearly uneducation in credit law !! A credit card is an open account and is defined as such in FEDERAL LAW (Truth in Lending Act, Reg Z).

If you want to print this out for a lawyer, go to the link below:

http://www4.law.cornell.edu/uscode/15/1602.html

Specifically hilite paragraph (i).

• Truth in Lending Act

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