The California Retail Installment Sales Act (sometimes referred to as the “Unruh Act”) generally regulates those sales of goods and services where the seller permits the buyer to pay for the purchase in installment payments and, in some cases, retains a security interest in the goods sold or obtains some other security as collateral for the buyer’s obligation to make the agreed payments.

The Unruh Act regulates credit sales, which are not considered loans, but sales with deferred payments in installments.    California credit sales must comply with the California Unruh Act and other California and federal consumer credit laws and regulations.

We do not represent consumers.   We only represent credit sale providers, credit sale assignees, financial services companies, consumer credit providers, and lenders.

WE PROVIDE THE FOLLOWING LEGAL SERVICES TO CALIFORNIA CREDIT SALE PROVIDERS:

  • Representation of California credit sale providers in compliance with the California Unruh Act, and compliance with other California and federal consumer credit laws and regulations, including CFPB regulations.
  • Representation of assignees and purchasers of California installment sales contracts, including CFL licensed lenders.
  • Representation of lenders who refinance California installment sales contracts, including CFL licensed lenders in compliance with the California Finance Lenders Law, the California Unruh Act, and compliance with other California and federal consumer credit laws and regulations, including CFPB regulations.
  • Representation of California retail businesses which provide credit sales and retail installment contracts and accounts.
  • Representation in investigations, administrative procedures, inspections, and audits by DFPI or CFPB.
  • Drafting of credit sale and retail installment contract documents for retail sellers, assignees and refinancing financial intuitions such as California Finance Lenders in compliance with the California Unruh Act, and compliance with other California and federal consumer credit laws and regulations, including CFPB regulations.
  • Legal advice concerning compliance with California and federal consumer credit laws. 
  • Affordable flat fee outside general counsel plans to California consumer credit providers.