LegalFix
Sign In

Section 130 - Advertising.

UT Code § 13-42-130 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) If a provider whose agreements contemplate that creditors will reduce finance charges or fees for late payment, default, or delinquency advertises debt-management services, it shall disclose, in an easily comprehensible manner, that using a debt-management plan may make it harder for the individual to obtain credit.

(2) If a provider whose agreements contemplate that creditors will settle for less than the full principal amount of debt that advertises debt-management services, it shall disclose, in an easily comprehensible manner: (a) the information specified in Subsections 13-42-117(4)(e) and (f); and (b) the provider's settlement fee structure, consistent with the limitations of Section 13-42-123.

(a) the information specified in Subsections 13-42-117(4)(e) and (f); and

(b) the provider's settlement fee structure, consistent with the limitations of Section 13-42-123.

Previous Section
Section 129 - Notice of litigation.
Next Section
Section 131 - Provider liability for the conduct of other persons -- Prohibited conduct of person providing service to provider.