Illinois Administrative Code
Title 14 - COMMERCE
Part 475 - MOTOR VEHICLE ADVERTISING
Subpart D - OTHER ADVERTISING PRACTICES
Section 475.550 - No Money Down
Universal Citation: 14 IL Admin Code ยง 475.550
Current through Register Vol. 48, No. 12, March 22, 2024
It is an unfair or deceptive act to advertise using the phrase "no money down" or words of similar meaning, where a down payment is, in fact, required and the consumer is required to finance the down payment by a loan or make the down payment in cash.
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