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TILA -- 15 U.S.C. § 1601

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Welcome Aboard: Court of Appeal (Cal.) Holds Bail Bond Premium Financing is a “Consumer Credit Contract” under California’s Consumer Protection Statutes

by Scott J. Hyman |

In Bbbb Bonding Corp. v. Caldwell, No. A162453, 2021 Cal. App. LEXIS 1100, at *2-4 (Ct. App. Dec. 29, 2021), the Court of Appeal found that bail bond premium financing agreements are "consumer credit contracts". This appeal requires us to interpret a long-standing consumer protection statute in a novel context: whether the requirement under Civil Code section 1799.91 that notice… Read More

District Court (Pa.) Allows ECOA Claim, But No TILA Claim, In Spot-Delivery Gone Wrong

by Scott J. Hyman |

In Mount v. Peruzzi of Langhorne LLC, No. 21-2166, 2021 U.S. Dist. LEXIS 157579, at *13-17 (E.D. Pa. Aug. 20, 2021), Judge Beetlestone allowed an ECOA claim to proceed, but not a TILA claim, for an automobile purchase spot-delivery situation gone wrong.  The facts were as follows: Plaintiff Michelle Mount, a dental assistant in Philadelphia, wanted to buy a new… Read More

3rd Cir. Says Car Dealer Did Not Violate TILA or FCRA By Assigning RISC to New Lender Following Rejection of RISC by First Lender

by Scott J. Hyman |

In Brogan v. Fred Beans Chevrolet, No. 20-1944, 2021 U.S. App. LEXIS 11183, at *1-2 (3d Cir. Apr. 19, 2021), the Court of Appeals for the Third Circuit found no TILA or FCRA violation by a car dealer in attempting to get a customer's car financed.  The facts were as follows: In 2017, Brogan bought a used Subaru from Fred… Read More

District Court (Fla.) Says TILA Governs Disclosure, Not “Predatory Lending”

by Scott J. Hyman |

In Robinson v. Capital One Auto Fin., No. 1:20-cv-23105-UU, 2020 U.S. Dist. LEXIS 234681 (S.D. Fla. Dec. 11, 2020), Judge Ungaro dismissed a case against an auto lender under TILA based on ‘predatory lending’. Further, "there is no cause of action under TILA for predatory lending practices." Pickard v. Serra Mazda, Case No. 2:19-cv-02119-JHE, 2020 U.S. Dist. LEXIS 184125, *22-23… Read More

District Court (Tenn.) Says Irregular Payment Schedule Disclosure for Purchase of a Vehicle Violated TILA

by Scott J. Hyman |

In Warford v. Memphis City Emples. Credit Union, No. 2:19-cv-02403-JPM-cgc, 2020 U.S. Dist. LEXIS 150173 (W.D. Tenn. Aug. 19, 2020), Judge McCalla found that a credit union’s disclosures of an irregular payment schedule for purchase of a vehicle violated TILA.  The facts were as follows: The following facts are undisputed for purposes of summary judgment. On or about December 27,… Read More

District Court (Conn.) Says TILA Does Not Act Where Disclosures Are Conspicuous; Oral Representations to the Contrary Notwithstanding

by Scott J. Hyman |

In Muñoz v. JLO Auto., Inc., No. 3:19-cv-01793 (MPS), 2020 U.S. Dist. LEXIS 136552 (D. Conn. July 31, 2020), Judge Shea refused to enter a default judgment against a car dealer based on the consumer’s claim that she was falsely told that GAP was required as part of the transaction. Just below this language is the cost ($752), the term… Read More

Court of Appeal (Ill.) Dismisses Vehicle Purchaser’s TILA Claim Against Dealer; Says Vehicle’s “Cash Price” Under TILA Is Not the Sticker Price, But the Agreed Upon Price

by Scott J. Hyman |

In Isenbergh v. S. Chi. Nissan, 2020 IL App (1st) 190849-U, ¶¶ 43-49, the Illinois Court of Appeal found no TILA violation in a vehicle sale transaction. Plaintiff further contends that the circuit court erroneously rejected his claim that South Chicago did not make the disclosures required under the TILA. The TILA "is not a general prohibition of fraud in… Read More

District Court (Pa.) Says Spot-Delivery Situation With Multiple Contractual Re-Writes Did Not Violate TILA

by Scott J. Hyman |

In Brogan v. Fred Beans Motors of Doylestown, Inc., No. 17-5628, 2020 U.S. Dist. LEXIS 58863, at *35-37 (E.D. Pa. Apr. 3, 2020), Judge Kenney found that an automobile transaction that involved multiple RISC re-writes and multiple lender declinations did not violate TILA. In Count IV, Plaintiff alleges that the "Federal Truth in Lending Disclosures in the retail sales installment… Read More

District Court (Ill.) Says Credit Card Issuer Properly Treated Plaintiff’s Purchase of Cryptocurrency as a “Cash-Advance” Rather than a “Purchase of Goods”

by Scott J. Hyman |

In Eckhardt v. State Farm Bank FSB, No. 1:18-cv-01180, 2019 U.S. Dist. LEXIS 40196 (C.D. Ill. Mar. 12, 2019), Judge McDade found that State Farm Bank properly treated a Plaintiff’s purchase of cryptocurrency on his State Farm credit card as a cash-advance subject to cash advance fees rather than as a purchase of goods. The facts were as follows: Plaintiff… Read More

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