Consumer Credit Regulation: 815 Ill. Comp. Stat. 405/1 to 405/33.1 (Retail Installment Sales Act).
Scope: Installment sales of goods (including manufactured homes that are not real property, but not including motor vehicles) used or purchased primarily for personal purposes and services of any kind rendered or furnished by a retail seller for a use other than in business (including farming or a profession) under an installment sales contract or charge agreement. 405/2.1 and 405/2.2.
Licensure requirements: None.