Consumers who borrow money in the U.S. have, in general, far more rights under the law than is true in other wealthy nations such as Germany and the U.K.

Question

Quizplus · Accepted Answer

In the U.S., consumer protection laws do exist to safeguard borrowers, but countries like Germany and the U.K. also have strong consumer protection regulations, often providing comparable or even more extensive rights for borrowers. The specifics can vary by country, but many developed nations have robust legal frameworks to protect consumers in financial transactions.

Consumers Who Borrow Money in the U