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FTC Co-Signer Rule Notice

Book Publication Date: Jul 2013
Description: Under the FTC Credit Practice Rule, also known as the FTC Co-signer Rule, any co-signer to a consumer credit transaction must be given a separate document with the notice included here. The notice alerts the co-signer that they will be liable for the full debt, possibly including fees.
Type: Contract Clauses, Required Notices
PLI Item #: 58154
Practice Area: Consumer protection, Pro bono

Keywords: FTC; "Federal Trade Commission"; "FTC co-signer rule"; notice; co-signer; "consumer credit transaction"; creditor; debt; guarantee; "16 C.F.R. 444"; "FTC credit practice rule"

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