Truth in Lending Act (TILA): Federal law requiring clear disclosure of lending terms and costs in consumer credit transactions, including rent-to-own agreements
Consumer Leasing Act: Federal regulation governing disclosure requirements for consumer lease agreements, including vehicle leases
Federal Trade Commission Regulations: Federal guidelines protecting consumers from unfair or deceptive practices in vehicle sales and leasing
Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, age, or public assistance status
Fair Credit Reporting Act: Federal law regulating the collection, dissemination, and use of consumer credit information
State Consumer Protection Laws: State-specific regulations protecting consumers from unfair practices in vehicle sales and leasing transactions
State Usury Laws: State-specific regulations governing maximum interest rates and finance charges that can be charged in credit transactions
State Rent-to-Own Regulations: State-specific laws governing rent-to-own transactions, including disclosure requirements and consumer rights
State Vehicle Sales and Leasing Laws: State-specific regulations governing vehicle sales, leasing, and transfer of ownership
State Registration and Title Laws: State requirements for vehicle registration and title transfer in rent-to-own transactions
UCC Article 2 - Sales: Uniform Commercial Code provisions governing sales of goods, including vehicles
UCC Article 2A - Leases: Uniform Commercial Code provisions specifically governing lease transactions
UCC Article 9 - Secured Transactions: Uniform Commercial Code provisions governing security interests in personal property, including vehicles
State Insurance Requirements: State-mandated insurance coverage requirements for vehicles under rent-to-own agreements
Vehicle Safety Standards: Federal and state safety requirements that must be met for vehicles being sold or leased
Repossession Laws: State laws governing the process and requirements for vehicle repossession in case of default
Disclosure Requirements: Federal and state mandated disclosures regarding terms, conditions, and fees in rent-to-own agreements
