Ortiz v. Rental Management, Inc.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
GREENBERG, Circuit Judge.
This appeal requires us to address whether rent-to-own agreements which are terminable at any time without additional charges fall under the purview of the Truth in Lending Act (TILA), 15 U.S.C. § 1601 et seq. The district court, relying primarily on a Federal Reserve Board regulation, concluded that they do not. The court therefore granted the lessor’s motion to dismiss the federal count of the complaint, declined to exercise jurisdiction over the supplemental state claims, and remanded the case to the Superi- or Court of New Jersey. Because we…
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