Sec. 142. Advertising of downpayments and installments
88 words·~1 min read·
/statute-compilations/comps-260/sec-142A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## § 142 Advertising of downpayments and installments **[**[15 U.S.C. 1662](/us/usc/t15/s1662)**]** 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.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 142
Advertising of downpayments and installments
Cites 1Cited by 0 across 0 sources