Illinois Compiled Statutes
815 ILCS 505/2E (2026)
Any person who is regularly engaged in the business of providing or furnishing merchandise to consumers or in making loans to consumers and who has committed in any calendar year 3 or more violations, as determined in any civil or criminal proceeding, of the "Consumer Finance Act"; the "Consumer Installment Loan Act"; the "Retail Installment Sales Act"; the "Motor Vehicle Retail Installment Sales Act"; "An Act to revise the law in relation to the rate of interest and to repeal certain acts therein named", approved May 24, 1879, as amended; "An Act to promote the welfare of wage-earners by regulating the assignment of wages, and prescribing a penalty for the violation thereof", approved July 1, 1935, as amended; or Part 8 of Article XII of the Code of Civil Procedure, as amended, or of any 2 or more of those Acts, is guilty of an unlawful practice within the meaning of this Act
✓ current as of May 2026
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(815 ILCS 505/2E)
(from Ch. 121 1/2, par. 262E)
Sec. 2E.
Any person who is regularly engaged in the business of providing
or furnishing merchandise to consumers or in making loans to consumers and
who has committed in any calendar year 3 or more violations, as determined
in any civil or criminal proceeding, of the "Consumer Finance Act"; the
"Consumer Installment Loan Act"; the "Retail Installment Sales Act";
the "Motor Vehicle Retail Installment Sales Act"; "An Act to revise the
law in relation to the rate of interest and to repeal certain acts therein
named", approved May 24, 1879, as amended; "An Act to promote the welfare
of wage-earners by regulating the assignment of wages, and prescribing a
penalty for the violation thereof", approved July 1, 1935, as amended; or
Part 8 of Article XII of the Code of Civil Procedure, as
amended, or of any 2 or more of those Acts, is guilty of an unlawful
practice within the meaning of this Act. Nothing in this Section prohibits
the prosecution of a person under the Acts specified herein as well as
under this Act.
(Source: P.A. 82-783.)
Notes of Decisions
Cited in 2
cases, 1995–2001 · leading case: Strohmaier v. Yemm Chevrolet, 211 F. Supp. 2d 1036 (N.D. Ill. 2001).
Strohmaier v. Yemm Chevrolet, 211 F. Supp. 2d 1036 (N.D. Ill. 2001). “Plaintiffs allege that Yemm has violated MVRISA multiple times in the past year in that same manner as the alleged TILA violation discussed above.”
McCoy v. MTI Vacations, Inc., 650 N.E.2d 605 (Ill. App. Ct. 1995). “262E (now 815 ILCS 505/2E (West 1992)).) Section 2F provides that a person who is held in a civil or criminal proceeding to have "wilfully and materially” violated the Retail Installment Sales Act violates the Consumer Fraud Act.”
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