Truth in Lending Act (TILA): Federal law requiring clear disclosure of lending terms and costs to protect consumers in credit transactions, including installment payments
Consumer Credit Protection Act: Federal legislation that protects consumers in various credit and financial transactions, including installment payment arrangements
Fair Credit Reporting Act: Federal law governing the collection, dissemination, and use of consumer credit information, relevant for credit assessments in installment contracts
Equal Credit Opportunity Act: Prohibits discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, age, or public assistance participation
Federal Trade Commission Act: Prohibits unfair or deceptive practices in commerce, including installment payment arrangements
UCC Article 2: Uniform Commercial Code provisions governing sales of goods, including installment sales contracts
UCC Article 9: Uniform Commercial Code provisions governing secured transactions, relevant when installment payments are secured by collateral
State Usury Laws: State-specific laws setting maximum interest rates that can be charged in installment payment contracts
State Consumer Protection Laws: State-specific regulations protecting consumers in financial transactions, including installment payments
State Installment Sales Acts: State-specific laws governing installment sales and payment arrangements
Regulation Z: Federal Reserve regulation implementing TILA, providing specific requirements for credit terms disclosure
State Banking Regulations: State-specific rules governing financial institutions and their lending practices, including installment payment arrangements
