Arizona Revised Statutes § 6-639 Loans From Theft Or Fraud; Consumer Not Responsible; Correction Of Credit Information

6-639. Loans from theft or fraud; consumer not responsible; correction of credit information

A licensee may not hold a person responsible for any loan amount that is incurred as a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310. Within thirty days after a licensee is aware that a loan is a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310, the licensee shall immediately correct any derogatory credit information that is reported to a consumer reporting agency as defined in section 44-1691 and that is the result of the violation.

Section: Previous  6-632  6-633  6-634  6-635  6-636  6-637  6-638  6-639  6-701  6-702  6-703  6-704  6-705  6-706  6-707  Next

Last modified: October 13, 2016