U.S. Congress - S.1012 Consumer Rental-Purchase Agreement Act of 2007
S.1012 - Consumer Rental-Purchase Agreement Act of 2007
A bill to amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Consumer Credit Protection Act to assure meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes. as introduced.
- Short: Consumer Rental-Purchase Agreement Act of 2007 as introduced.
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Official Summary
3/28/2007--Introduced.Consumer Rental-Purchase Agreement Act of 2007 - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including: (1) the determination of rental-purchase cost; (2) disclosure requirements; (3) prohibitOfficial Summary
3/28/2007--Introduced.Consumer Rental-Purchase Agreement Act of 2007 - Amends the Consumer Credit Protection Act to prescribe consumer protection guidelines for rental-purchase transactions, including:
(1) the determination of rental-purchase cost;
(2) disclosure requirements;
(3) prohibitions against confessions of judgment, wage assignments, and waiver of consumer claims or defenses;
(4) furnishing of statements of account;
(5) point-of-rental disclosures; and
(6) rental-purchase advertising disclosures. Declares that an action for civil liability may be brought against a merchant's assignee only if the violation is apparent on the face of a rental-purchase agreement to which it relates, including, but not limited to, a disclosure that can be determined to be incomplete or inaccurate from the face of the agreement. Authorizes the Board of Governors of the Federal Reserve System to promulgate implementing regulations. Grants enforcement powers to the Federal Trade Commission and to state attorneys general. Subjects to criminal penalties any willful and knowing violation of the information disclosure requirements of this Act.
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Recent News Coverage
Iowa rent-to-own dealers celebrate 20th anniversary
... a challenge made to all Iowa rental dealers to get every Iowa congressman signed on as co-sponsors to the industry's federal bills, HR 1767 and S. 1012. ...
Recent Blog Coverage
LRDA Wraps; Videocast With Jeff Everson, Regional Representative ...
full support of the Louisiana delegation for senate bill S.1012 (The Consumer Rental Purchase Agreement ... are hesitant to sign on to any legislation that is industry specific. There are are a few bills in the banking committee that ...
ajtrabalhos: ELABORAR REFERÃNCIAS - VANCOUVER
Healthy Children Learn Act, S. 1012, 107th Cong., 1st Sess. (2001). CÃDIGO DE REGULAÃÃO FEDERAL Cardiopulmonary Bypass Intracardiac Suction Control, 21 C.F.R. Sect. 870.4430 (2002). AUDIÃNCIA Arsenic in Drinking Water: An Update on the ...
Tendenzen 26- Keep a good head and always carry a light bulb
Thomas Pynchon â Die Enden der Parabel, Rowohlt Taschenbuch Verlag 2006, S. 1012, âDie Geschichte von Byron, der Birneâ. http://www20.wissen.de/wde/generator/wissen/services/nachrichten/ftd/PW/167960.html. Rückblende: Hornenschlaf (02. ..
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