Title 15, Commerce and TradeRelease 119-110
§1611 Criminal Liability for Willful and Knowing Violation
Title 15 › CHAPTER 41 — CONSUMER CREDIT PROTECTION › SUBCHAPTER I — CONSUMER CREDIT COST DISCLOSURE › Part A — General Provisions › § 1611
Summary
Anyone who willfully and knowingly gives false required information, uses Bureau charts to consistently understate the APR, or otherwise breaks these rules must be fined up to $5,000, jailed up to one year, or both.
Full Legal Text
Title 15, §1611
Commerce and Trade, Source: USLM XML via OLRC
Whoever willfully and knowingly
(1)gives false or inaccurate information or fails to provide information which he is required to disclose under the provisions of this subchapter or any regulation issued thereunder,
(2)uses any chart or table authorized by the Bureau under section 1606 of this title in such a manner as to consistently understate the annual percentage rate determined under section 1606(a)(1)(A) of this title, or
(3)otherwise fails to comply with any requirement imposed under this subchapter,
shall be fined not more than $5,000 or imprisoned not more than one year, or both.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2010—Par. (2). Pub. L. 111–203 substituted “Bureau” for “Board”.
Statutory Notes and Related Subsidiaries
Effective Date
of 2010 AmendmentAmendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.
Reference
Citations & Metadata
Citation
15 U.S.C. § 1611
Title 15, Commerce and Trade
Last Updated
Sep 22, 2026
Release point: 119-110