The 1968 Consumer Credit Act (18 U.S.C.Sections 891-94)was designed to combat:

Question

The 1968 Consumer Credit Act (18 U.S.C.Sections 891-94)was designed to combat:​

Quizplus · Accepted Answer

The 1968 Consumer Credit Act was specifically designed to combat loansharking, which involves providing loans at extremely high interest rates, often to individuals who are unable to obtain credit through traditional means. The act provided protections for consumers against predatory lending practices and helped to curb the activities of loansharks.