Consumer Credit Transactions

Chapman and Cutler assists clients in the planning, structuring, and delivery of consumer financial services on a nationwide basis. The firm also provides state law outlines and summaries on a state-by-state basis for lending programs.

Included in this niche practice area are virtually all consumer lending products. We offer advice and counsel on closed-end or revolving, secured, and unsecured programs including credit card, mortgage, home equity, automobile, retail installment, student loan, and small loan products.

Our practice group advises clients on legal and regulatory aspects of consumer lending, including interest rates, usury, allowable fees, disclosures, privacy, fair credit reporting, equal credit opportunity, fair lending, residential mortgage procedures, and debt collection.

Related Practices

Representative Transactions

• The firm provided the legal knowledge for the development of a co-branded general purpose credit card that serves as a both a store discount card and a rewards card for a national supermarket chain.
• We advised a national insurance company with respect to licensing of insurance agents to provide consumer credit products to customers in all 50 states.
• Chapman and Cutler attorneys provided analysis, state law summaries, and forms for first and second mortgages and home equity lines of credit.
• The firm was retained to assist a client with co-branded, affinity, rewards, and private label retailer credit card programs.