An Analysis of the Uniform Consumer Credit Code

The proposed Uniform Consumer Credit Code (UCCC) developed by the National Conference of Commissioners on Uniform State Laws (NCCUSL) is intended to remedy many of the imperfections that have been accumulating in the consumer credit market in the last sixty years. I. Stimulating Creditor Competition … A. Pre-Code Legislation … B. The Code Provisions … C. The Effect on the Market II. Increasing Consumer Awareness of the Finance Charge III. Regulating Creditor Activity in Credit Extensions, Collections, and Contract Terms IV. Improving the Consumer’s Remedial Position V. Conclusio