Truth in Lending Act (TILA): Federal law requiring clear disclosure of lending terms and costs in consumer credit transactions, including installment sales
Consumer Credit Protection Act: Federal law providing a comprehensive framework for consumer credit rights and protections
UCC Article 2: Uniform Commercial Code provisions governing sales of goods, including installment sales contracts
Internal Revenue Code Section 453: Federal tax provisions governing the reporting and taxation of installment sales
FTC Regulations: Federal Trade Commission rules protecting consumers in commercial transactions
Fair Credit Reporting Act: Federal law regulating the collection and use of consumer credit information
Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions
State UCC Adoptions: State-specific versions and modifications of the Uniform Commercial Code
State Consumer Protection Laws: State-specific regulations protecting consumers in commercial transactions
State Usury Laws: State-specific limitations on interest rates and finance charges
State Contract Laws: State-specific requirements for contract formation and enforcement
State Disclosure Requirements: State-specific rules about what information must be disclosed in credit transactions
State Licensing Requirements: State-specific rules about who can engage in installment sales and under what conditions
Securities Laws: Federal and state regulations that may apply if the installment sale involves securities
Bankruptcy Laws: Federal laws affecting creditor rights and debtor obligations in bankruptcy
Fair Debt Collection Practices Act: Federal law regulating debt collection practices and protecting consumers from abusive collection tactics
State Cooling-Off Periods: State-specific requirements for cancellation periods in certain types of sales
Recording Requirements: State-specific rules about recording secured transactions and protecting security interests
