Seller Stories – Motostrano & Square Installments
Square Installments loans are issued by Square Capital, LLC a wholly owned subsidiary of Square, Inc., d/b/a Square Capital of California, LLC in FL, GA, MT, ...
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A retail installment sales contract agreement is slightly different from a loan. Both are ways for you to obtain a vehicle by agreeing to make payments over time. In both, you are generally bound to the agreement after signing.
All About Retail Installment Sales Contracts. Under the federal Truth in Lending Act (TILA), car dealerships must provide consumers with detailed information about credit terms for purchasing a vehicle.
For example, a consumer enters into a retail installment contract when she purchases an appliance on an installment plan or a car with a loan that has a repayment plan that fixes the number and amount of payments.
Walmart reportedly is closing in on an agreement with loan services startup Affirm for a pilot program under which Affirm would offer the retailer’s customers installment loans for purchases ...
In the sweet smelling world of consumer finance, we see two common forms of financing transactions - loans and retail installment sales (aka credit sales). As a lawyer, I am conditioned to cringe slightly whenever I see the word "loan" used to describe a retail installment sale.