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Simple English definitions for legal terms

Consumer Leasing Act

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A quick definition of Consumer Leasing Act:

The Consumer Leasing Act (CLA) is a law that helps protect people who lease things like cars or furniture for personal use. It makes sure that the lease agreement is clear and easy to understand, and that the lease company can't trick or mislead the person leasing. The law only applies to leases that are longer than four months and cost less than $50,000. The goal of the law is to help people who might not have a lot of experience or resources to protect themselves from unfair lease terms. The law requires the lease agreement to include important details like how much the rent costs, when payments are due, and how the lease can be ended. The lease company also has to be honest in their advertisements about the total cost of the lease.

A more thorough explanation:

The Consumer Leasing Act (CLA) is a law that was passed in 1976 as part of the Truth in Lending Act (TILA). Its purpose is to protect people who lease personal property, such as cars or appliances, from being misled or deceived by lessors.

The CLA only applies to leases that are for personal use, are longer than four months, and cost less than or equal to $50,000. It does not apply to commercial or business leases because those lessees are assumed to have more resources and experience to ensure fair lease terms.

The CLA requires that every covered lease must contain specific details about the rent costs, payment dates, other costs, termination details, and any warranties on the property. Lessors are also required to include many of the same details in lease advertisements to prevent misleading communication of the overall lease price.

For example, if you are leasing a car for personal use and the lease is longer than four months and costs less than $50,000, the lessor must provide you with a lease agreement that includes all of the required details. If the lessor advertises the lease in a newspaper or online, they must also include the required details in the advertisement.

consumer expectations test | consumer protection laws

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NosyBeagle
19:28
Do tell
i had to drop out of a grad program but i explained it in my gpa addendum bc it was the same underlying event causing both
i was also named in a civil lawsuit that got dismissed but only one school asked about it
sorry probably not helpful
ParallelAgreeableOrangutan
19:58
idk what the situations are, but you absolutely should write about them if the school asks about them—the only time you should be asking *whether* to write one is when you're not sure whether your situation qualifies as what they're asking about
ParallelAgreeableOrangutan
19:59
better question is usually *how* to write about them
ParallelAgreeableOrangutan
20:00
I had to write about write
ParallelAgreeableOrangutan
20:01
... write-ups at work (petty, and they were removed from my file after a year, but even so the app asked so I wrote)
NosyBeagle
20:05
Ah it cancelled out my msg cus I switched tabs. But I’ll just tell you guys cus I get mixed answers: a) accused of cheating on a calc exam freshman year but was cleared of wrongdoing, b) sent to the hospital senior year because I go too drunk
ParallelAgreeableOrangutan
20:12
Seems like you'd need to write about A because it went through a formal process, but it shouldn't hurt you if you explain it straightforwardly and explain you were cleared (just don't be weirdly salty about it like you're holding a grudge)
ParallelAgreeableOrangutan
20:12
Re B, did this involve school in any way? Is there an app that has a C&F question that you think this applies to?
ParallelAgreeableOrangutan
20:13
Maybe you're not deep enough into the process to know this—each school has its own unique set of C&F questions, so you should disclose exactly what they ask about, no more, no less
NosyBeagle
20:14
OH
NosyBeagle
20:14
Ok why did I think it was just gonna be one type of q for all. My bad folks. Ignore my info dump
ParallelAgreeableOrangutan
20:16
No worries! Frankly I think it's wild that applications have weird hidden quirks that you don't know about until you're actually logged into LSAC working through the app. There's some info you can find about the oddball/unique questions you'll find on specific apps, so you might want to look for that for schools you're going to apply to
ParallelAgreeableOrangutan
20:17
Like on various consultants' blogs, reddit, etc
NosyBeagle
20:17
🫡 thank you good sir or ma’am or bam
ParallelAgreeableOrangutan
20:17
Ooh can I be a bam
NosyBeagle
20:39
You may
20:45
ima write my personal statement about being fired and how that made me want to do law but it would be funny if I also had to write an addendum about it
20:45
turns out defense companies don’t like it when you question the war machine 🙏
20:46
“What are your opinions on Edward Snowden” - my boss
ParallelAgreeableOrangutan
21:02
I wrote optional essays about a situation that affected my undergrad performance. For any school that required an "education gap addendum" I was basically like "pls see my optional essay"
ParallelAgreeableOrangutan
21:02
¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯
NosyBeagle
21:12
did they accept that?
NosyBeagle
21:12
that reminds me of filling out job apps and they want you to type out your resume in a text box. like huh??? open the pdf, idiots
ParallelAgreeableOrangutan
21:18
I mean I was nicer about it—I'd put a couple of sentences explaining it super lo-res, and then I said something like "I speak to this situation in detail in my optional essay."
ParallelAgreeableOrangutan
21:20
They don't send your application back to you and tell you to redo an addendum if they don't like it, so the only way to know whether they "accepted" it, as it were, is admissions results
Bettercaulsaul
22:28
Helpful video I found https://youtu.be/2ZVrX6DTSKU?si=KsZeWbF4_fJuqKl5
23:17
who up lsdin they law
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