1788.20. In connection with any request or application for consumer credit, no person shall:
(a) Request or apply for such credit at a time when such person knows there is no reasonable probability of such person s being able, or such person then lacks the intention, to pay the obligation created thereby in accordance with the terms and conditions of the credit extension; or
(b) Knowingly submit false or inaccurate information or willfully conceal adverse information bearing upon such person s credit worthiness, credit standing, or credit capacity.
(Added by Stats. 1977, Ch. 907.)Section: 1788.20 1788.21 1788.22 Next
Last modified: September 9, 2016