15-U.S.C.-1662

§1662 – Advertising of Downpayments and Installments

Pathway

Title 15 > Chapter 41 > Subchapter I > Part C > Section 1662

Details

• Reference: Section 1662
• Legend: §1662 – Advertising of Downpayments and Installments
• USCode Year: 2013

Provision Content

No advertisement to aid, promote, or assist directly or indirectly any extension of consumer credit may state

(1) that a specific periodic consumer credit amount or installment amount can be arranged, unless the creditor usually and customarily arranges credit payments or installments for that period and in that amount.

(2) that a specified downpayment is required in connection with any extension of consumer credit, unless the creditor usually and customarily arranges downpayments in that amount.

(Pub. L. 90–321, title I, §142, May 29, 1968, 82 Stat. 158.)

U.S. Encyclopedia of Law Coverage

15-U.S.C.-1646 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-1646, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

15-U.S.C.-1639E in the Legal Encyclopedia: Consumer Credit Protection

In this entry about 15-U.S.C.-1639E, find legal reference material, bibliographies and premiere content related to consumer credit protection in the American Encyclopedia of Law, presenting a comprehensive view of the United States consumer credit protection-specific issues, written by authorities in the field.

Topic Map

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