Financing is regulated. We must work with our partners to comply with federal and state lending regulations. These include the Truth in Lending Act (TILA); Unfair, Deceptive, or Abusive Acts or Practices (UDAAP); federal law dealing with discrimination, Equal Credit Opportunity Act (ECOA); and CAN-SPAM Act, just to state a few.
When you present financing offers that not everyone may qualify for (specific interest rates, specific payment amounts, etc.), you may be using “trigger terms." Trigger terms are customer-facing words or phrases that may warrant additional qualification or explanation. We included a disclosure wherever needed to help you meet this requirement.