Uniform Consumer Credit Code - UCCC

AAA

DEFINITION of 'Uniform Consumer Credit Code - UCCC'

A code of conduct that governs consumer credit transactions. The Uniform Consumer Credit Code (UCCC) provides guidelines for the purchase and use of all types of credit products. It is intended to protect consumers who use various types of credit from fraud and misinformation.

INVESTOPEDIA EXPLAINS 'Uniform Consumer Credit Code - UCCC'

The National Conference of Commissioners on Uniform State Laws originally approved the UCCC in 1968. The Code has been adopted in a limited number states, and many others have incorporated at least some of its provisions into their own laws. One of its key provisions is the limitation of rates charged to consumers by lenders.

RELATED TERMS
  1. Baycorp Advantage (Veda Advantage)

    A credit bureau located in Austrailia and New Zealand. This company ...
  2. Consumer Credit Protection Act ...

    Federal legislation that created disclosure requirements that ...
  3. Cash Card

    A cash card can be any card that you can insert into an ATM or ...
  4. Truth In Lending Act - TILA

    A federal law enacted in 1968 with the intention of protecting ...
  5. Consumer Debt

    Debts that are owed as a result of purchasing goods that are ...
  6. Consumer Credit

    A debt that someone incurs for the purpose of purchasing a good ...
Related Articles
  1. Credit & Loans

    What's On A Consumer Credit Report?

    A look at the various components and considerations that go into one's credit report and credit score.
  2. Credit & Loans

    The History Of Consumer Credit Rights

    The Fair Credit Billing Act of 1974 gave consumers the power to dispute credit card charges.
  3. Personal Finance

    Looking To Clear Up Your Credit Report?

    If you look at your credit report you might see any number of various items that are harmful to your credit score, but you can learn how to remove them.
  4. Personal Finance

    How To Find A Job With Poor Credit?

    It's not legal for an employer to refuse to hire you for having bad credit, but he doesn't have to say that you weren't hired because of your bankruptcy.
  5. Entrepreneurship

    How is venture capital regulated by the government?

    Learn about some of the ways in which the U.S. government and the Securities and Exchange Commission regulate venture capital.
  6. Economics

    What country is the world's largest coal producer?

    Producing nearly 50% of the world's supply, China is the world's largest global coal producer and a large force in global coal pricing and trade.
  7. Credit & Loans

    Capital One Cards: VentureOne Vs. Venture Rewards

    Which Capital One rewards credit card offers the best deal for you?
  8. Credit & Loans

    Credit Card Review: The Amazon.com Rewards Visa

    The rewards from
  9. Economics

    What is the affect of the invisible hand on the government?

    Find out why government policy goals are often frustrated by the same forces that guide the invisible hand of the market towards efficient outcomes.
  10. Credit & Loans

    Credit Card Review: Southwest Rapid Rewards Cards

    Do Southwest Airlines' free checked bags make one of their credit cards a good choice for you?

You May Also Like

Hot Definitions
  1. Command Economy

    A system where the government, rather than the free market, determines what goods should be produced, how much should be ...
  2. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  3. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  4. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  5. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  6. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
Trading Center