422.419 – Waivers prohibited.
422.419 Waivers prohibited. (1) No contract evidencing a consumer credit transaction may contain any provision by which: (a) The merchant or other person acting on the merchant’s behalf is given authority to enter the customer’s dwelling or to commit any breach of the peace in the course of taking possession of collateral securing the transaction; […]
422.420 – Cosigner charges.
422.420 Cosigner charges. No term of a writing signed by a cosigner and made pursuant to a consumer credit transaction may: (1) Provide for payment by the cosigner of any fees or charges which could not be imposed upon the customer as part of the transaction; or (2) Operate to remove from the cosigner any […]
422.413 – Limitation on default charges.
422.413 Limitation on default charges. (1) Except as provided in sub. (2g), no term of a writing evidencing a consumer credit transaction may provide for any charges as a result of default by the customer other than reasonable expenses incurred in the disposition of collateral or goods subject to a motor vehicle consumer lease and […]
422.414 – Use of multiple agreements.
422.414 Use of multiple agreements. (1) No creditor shall divide or otherwise encourage the customer or customers to become obligated at the same time on more than one consumer loan, more than one consumer credit sale, or one or more interlocking consumer loans (s. 422.408) and consumer credit sale for the purpose of obtaining a […]
422.415 – Changes in open-end credit terms.
422.415 Changes in open-end credit terms. (1) Except as provided in sub. (2), no creditor shall make any change in the terms of open-end credit plans that is adverse to the interests of the customer with respect to any outstanding balances or that imposes or alters a charge permitted under s. 422.202 (2m). For the […]
422.4155 – Notice of termination of liability.
422.4155 Notice of termination of liability. (1) In an open-end credit plan in which more than one person may be obligated for extensions of credit, any person may terminate his or her liability for future extensions of credit under the plan by giving written notice to the creditor of the person’s termination of liability. The […]
422.416 – Referral transactions prohibited.
422.416 Referral transactions prohibited. (1) With respect to a consumer transaction no merchant shall give or offer to give a rebate or discount or otherwise pay or offer to pay value to the customer as an inducement for a consumer transaction in consideration of the customer’s giving to the creditor the names of prospective customers, […]
422.408 – Interlocking loans.
422.408 Interlocking loans. (1) The lender in an interlocking consumer loan is subject to the claims and defenses the consumer may have against the seller or lessor in the consumer transaction for which the proceeds of the loan are used, subject to sub. (3). (2) For purposes of this section, a consumer transaction pursuant to […]
422.409 – Notice of assignment.
422.409 Notice of assignment. (1) The customer is authorized to pay the assignor until the customer receives notification of assignment of the rights to payment pursuant to a consumer credit transaction and that payment is to be made to the assignee. A notification which does not reasonably identify the rights assigned is ineffective. If requested […]
422.410 – Statements of compliance or performance.
422.410 Statements of compliance or performance. Statements in the form of acknowledgments, certificates of performance or otherwise, signed by the customer, to the effect that there has been compliance with any of the requirements of chs. 421 to 427 or performance by the other party or parties to the transaction shall create no presumption that […]