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► 15 U.S.C. § 1662 15 u.s.c. · consumer credit protection · title 15
15 U.S.C. § 1662
Advertising of downpayments and installments
Title 15 USC
● ACTIVE
Ch. 41
Jurisdiction Federal — United States
Chapter CONSUMER CREDIT PROTECTION
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-818AB8
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 41 - CONSUMER CREDIT PROTECTION SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE Part C - Credit Advertising and Limits on Credit Card Fees Sec. 1662 - Advertising of downpayments and installments From the U.S. Government Publishing Office, www.gpo.gov

§1662. Advertising of downpayments and installments

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.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 1662 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Chapter 41 — CONSUMER CREDIT PROTECTION
15 U.S.C. § 160115 U.S.C. § 160215 U.S.C. § 160315 U.S.C. § 160415 U.S.C. § 160515 U.S.C. § 160615 U.S.C. § 160715 U.S.C. § 160815 U.S.C. § 160915 U.S.C. § 161015 U.S.C. § 161115 U.S.C. § 161215 U.S.C. § 161315 U.S.C. § 161415 U.S.C. § 161515 U.S.C. § 161615 U.S.C. § 163115 U.S.C. § 163215 U.S.C. § 163315 U.S.C. § 163415 U.S.C. § 163515 U.S.C. § 163615 U.S.C. § 163715 U.S.C. § 1637a
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15 U.S.C.
Citation
15 U.S.C. § 1662
Status
● ACTIVE
Chapter
41 — CONSUMER CREDIT PROTECTION
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-818AB8
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 1662