Limits the amount of certain credit service charges in motor vehicle retail installment contracts.
Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.
Relating to the regulation of retail installment contracts for commercial vehicles.
Relating to the regulation of retail installment contracts for commercial vehicles.
Relating to trade-in credit agreements offered in connection with certain motor vehicle retail installment contracts.
Consumer protection: retail installment sales; payments under motor vehicle installment sale contracts; modify. Amends secs. 2, 12, 13, 22 & 31 of 1950 (Ex Sess) PA 27 (MCL 492.102 et seq.).
Relating to certain retail installment contracts and leases for vehicles; providing for a civil penalty.
Limits the amount of certain credit service charges in motor vehicle retail installment contracts.
Limits the amount of certain credit service charges in motor vehicle retail installment contracts.
Revising the laws relative to retail installment sales of motor vehicles, and relative to the sale of a vehicle to a Massachusetts resident.