The Consumer Leasing Act extended the Truth-In-Lending Act’s coverage to lease in terms in consumer leases. Consumers often like to lease products such as automobiles rather than purchase them. The CLA applies to lessors who engage in leasing or arranging leases for consumer goods in the ordinary course of their business. Leases between consumers are subject to the CLA. Creditors who violate the CLA are subject to civil and criminal penalties provided in the TILA.