The FTC created several rules in the 1970's that helped protect consumers against HDC abuses. What do these rules required every consumer credit contract or any purchase money loan to contain?

The FTC created several rules in the 1970s that help protect consumers against the kind of HDC abuse. These rules require every consumer credit contract or any purchase money loan to contain the following statement in 10-point, boldface type:
Any holder of this consumer credit contract is subject to all claims and defenses which the debtor could assert against the seller of goods or services obtained pursuant hereto or with the proceeds hereof. Recovery hereunder by the debtor shall not exceed amounts paid by the debtor hereunder.