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2010-09-24
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Herb Gordon Auto World, Inc., et al.; Prohibited Trade Practices, and Affirmative Corrective Actions
Notices
D09002ee1be01a948
D09002ee1be01a9f0
United States
Federal Trade Commission
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org
United States Government Agency or Subagency
In settlement of alleged violations of federal law prohibiting unfair or deceptive acts or practices and unfair methods of competition, this consent order prohibits, among other things, the Maryland company and its seven dealerships from obscuring important cost information in fine or unreadable print, from advertising financed purchase or leasing terms that are not available to consumers, and from misrepresenting the terms of financing or leasing any vehicle, the existence of the amount of any balloon payment, or the existence, number or amount of payments for financed purchases. The consent order requires the respondents to make all the disclosures required by the Truth in Lending Act, Regulation Z, Consumer Leasing Act, and Regulation M, and to ensure that the disclosures are noticeable, readable, and comprehensible to an ordinary customer.
62 FR 35818
https://www.govinfo.gov/app/details/FR-1997-07-02/97-17359
97-17359
fr02jy97-89
6750-01-M
Dkt. C-3734
https://www.govinfo.gov/app/details/FR-1997-07-02/97-17359
https://www.govinfo.gov/content/pkg/FR-1997-07-02/html/97-17359.htm
https://www.govinfo.gov/content/pkg/FR-1997-07-02/pdf/97-17359.pdf
1 p.
35818
35818
62 FR 35818
Herb Gordon Auto World, Inc., et al.; Prohibited Trade Practices, and Affirmative Corrective Actions; Federal Register Vol. 62, Issue
NOTICE
97-17359
FEDERAL TRADE COMMISSION
Dkt. C-3734
6750-01-M
97-17359
Consent order.
In settlement of alleged violations of federal law prohibiting unfair or deceptive acts or practices and unfair methods of competition, this consent order prohibits, among other things, the Maryland company and its seven dealerships from obscuring important cost information in fine or unreadable print, from advertising financed purchase or leasing terms that are not available to consumers, and from misrepresenting the terms of financing or leasing any vehicle, the existence of the amount of any balloon payment, or the existence, number or amount of payments for financed purchases. The consent order requires the respondents to make all the disclosures required by the Truth in Lending Act, Regulation Z, Consumer Leasing Act, and Regulation M, and to ensure that the disclosures are noticeable, readable, and comprehensible to an ordinary customer.
Complaint and Order issued April 15, 1997.\1\
David Medine or Carole Reynolds, FTC/ S-4429, Washington, DC 20580. (202) 326-3224 or 326-3230.
Federal Register
Vol. 62, no. 127
Office of the Federal Register, National Archives and Records Administration
1997-07-02
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297 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-1997-07-02
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0097-6326
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769-004-00000-9
000582072
f:fr02jy97
https://www.govinfo.gov/app/details/FR-1997-07-02
https://www.govinfo.gov/content/pkg/FR-1997-07-02/pdf/FR-1997-07-02.pdf
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