Topic: Credit Sales
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#81101 – Consumer Note and Federal Truth in Lending Disclosure, Credit Sale (Rev. 2/14)
Use for: Wisconsin Consumer Act financing the sale of CU property, such as repos, but not real estate or dwelling. See ii Release No. B001 for Wisconsin Consumer Act coverage. […]
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#81101 – Consumer Note and Federal Truth in Lending Disclosure, Credit Sale (Rev. 2/14)
Use for: Wisconsin Consumer Act financing the sale of CU property, such as repos, but not real estate or dwelling. See ii Release No. B001 for Wisconsin Consumer Act coverage. […]
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CFPB: 12 CFR 1026.18
Truth in Lending (Reg. Z) – Closed-End Credit 1026.18 Content of disclosures. See (f) Variable rate.
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Wis. Admin. Code: DFI-CU 61.04
Credit Union Purchase or Acquisition of Interests in Credit Sales Transactions. 61.04 Dealer financial statements. Credit unions purchasing member interests in credit sales transactions made with recourse must secure annual […]
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B063 FTC Rule on Preservation of Consumers’ Claims and Defenses
The Federal Trade Commission (FTC) Rule on Preservation of Consumers’ Claims and Defenses applies to state and federal credit unions. This rule, which is frequently referred to as “The Holder-in-Due-Course […]
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B042 Reg. Z – Closed-End Credit Disclosures
This release describes the items to be included in Truth in Lending disclosures given before consummation of a closed-end loan. League Supply’s closed-end Truth in Lending forms are designed to […]
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Wis. Stats: 425 WCA – Consumer Transactions – Remedies and Penalties as regarding credit sales.
425.209 Restrictions on deficiency judgments.
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Wis. Stats: 422 WCA – Consumer Credit Transactions as regarding credit sales.
422.417 Restrictions on security interests. (1)With respect to a consumer credit sale a seller may take a security interest only in…