enforced Consumer Leasing Act
GPTKB entity
Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:administeredBy |
gptkb:Consumer_Financial_Protection_Bureau
gptkb:Federal_Reserve_Board |
| gptkbp:alsoKnownAs |
gptkb:Consumer_Leasing_Act
|
| gptkbp:appliesTo |
personal property leases for personal, family, or household purposes
|
| gptkbp:codifiedIn |
15 U.S.C. § 1667 et seq.
|
| gptkbp:dateEnacted |
1976
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:enforcedBy |
gptkb:Consumer_Financial_Protection_Bureau
gptkb:Federal_Trade_Commission |
| https://www.w3.org/2000/01/rdf-schema#label |
enforced Consumer Leasing Act
|
| gptkbp:implementedIn |
gptkb:Regulation_M
|
| gptkbp:maximumLeaseValue |
$50,000 (originally), later adjusted
|
| gptkbp:minimumLeaseTerm |
more than four months
|
| gptkbp:purpose |
to ensure meaningful disclosure of lease terms
|
| gptkbp:regulates |
consumer leases
|
| gptkbp:relatedTo |
gptkb:Truth_in_Lending_Act
|
| gptkbp:requiresDisclosureOf |
other key terms
payment amounts total lease cost |
| gptkbp:bfsParent |
gptkb:CFPB
|
| gptkbp:bfsLayer |
6
|