Carter Frantz, Chief Counsel of the Pennsylvania Department of Banking and Securities, will be a featured speaker.

Significant changes to Pennsylvania law governing retail installment sales will take effect before the end of this year as a result of Act No. 2013-98 (Act 98). Act 98 repealed the Pennsylvania Motor Vehicle Sales Finance Act (MVSFA) and Goods and Services Installment Sales Act (GSISA) and reenacted and consolidated the two statutes with amendments in Title 12 of the Pennsylvania Consolidated Statutes in a new Part V titled “Consumer Credit.”

These changes will affect motor vehicle dealers and other retail sellers of consumer goods and services that are located in Pennsylvania or make online sales to Pennsylvania residents, and offer financing under installment sale contracts. Act 98 also will affect sales finance companies and banks (regardless of where they are located) that purchase such installment sale contracts. The law will require revisions to documentation, practices, policies, and procedures used in closed-end credit sales of goods (including motor vehicles) and services made in Pennsylvania, regardless of where the sales finance company or bank is located.

The GSISA changes will also be of interest to retail sellers offering open-end credit, as well as credit card issuers issuing cards to Pennsylvania residents.

Please join us for a webinar as we provide an overview of the changes made by Act 98.


  • Changes in coverage
  • New disclosure requirements 
  • Changes in rate and fee authority 
  • Other significant changes to current law
  • Impact of the GSISA changes on credit card issuers, including the availability of federal preemption     


12:00 PM - 1:00 PM ET | Webinar


Alan S. Kaplinsky, Practice Leader
Consumer Financial Services Group


John L. Culhane, Jr.
Consumer Financial Services Group

Carter D. Frantz, Chief Counsel
Pennsylvania Department of Banking and Securities

This program is open to Ballard Spahr clients and members of the financial services industry. There is no cost to attend. This program is not eligible for continuing education credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Lisa M. Prickril at

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Program Contact

Lisa M. Prickril