422.506 – Waiver.
422.506 Waiver. (1) A waiver by a buyer of any provision of this subchapter shall be void and unenforceable. An attempt by a credit services organization to have a buyer waive any right under this subchapter is a violation of this subchapter. (2) A violation of this section is subject to s. 425.305. History: 1991 […]
422.505 – Contracts.
422.505 Contracts. (1) Every contract between a buyer and a credit services organization for the purchase of the services of the credit services organization shall be in writing, shall be dated and shall be signed by the buyer. The contract shall include all of the following: (a) A conspicuous statement, in not less than 10-point […]
422.422 – Cash discounts.
422.422 Cash discounts. No credit card issuer may, by contract or otherwise, prohibit a merchant from offering a discount to a customer to induce the customer to pay by cash, check, or similar means, rather than by use of a credit card or its underlying account, for the purchase of goods or services. History: 2005 […]
422.501 – Definitions.
422.501 Definitions. In this subchapter: (1) “Buyer” means a natural person or customer who is solicited to purchase or who purchases the services of a credit services organization. (1m) “Consumer reporting agency” has the meaning given in 15 USC 1681a (f). (2) (a) “Credit services organization” means a person or merchant who, with respect to […]
422.502 – Registration requirements.
422.502 Registration requirements. (1) A person may not act as a credit services organization unless the person has been issued a certificate of registration from the administrator and the person has complied with the bond or letter of credit requirements under sub. (3). (2) A person desiring to act as a credit services organization shall […]
422.503 – Prohibited activities.
422.503 Prohibited activities. (1) A credit services organization, and its salespersons, agents and representatives who offer or sell the services of the credit services organization, may not do any of the following: (a) Charge or receive any money or other valuable consideration solely for referral of the buyer to a merchant who will or may […]
422.504 – Information statement.
422.504 Information statement. (1) Before the execution of a contract or agreement between the buyer and a credit services organization or before the credit services organization receives from the buyer any money or other valuable consideration, the credit services organization shall provide the buyer a written statement that includes all of the information required under […]
422.417 – Restrictions on security interests.
422.417 Restrictions on security interests. (1) With respect to a consumer credit sale a seller may take a security interest only in: (a) The property sold; (b) Goods upon which the property sold is installed or to which it is annexed, or goods upon which the services sold are performed, if the obligation secured is […]
422.418 – Security interests: consolidations; open-end credit plans.
422.418 Security interests: consolidations; open-end credit plans. (1) The parties may agree in a consolidation agreement under s. 422.206 that the creditor may secure the consolidated obligation by a security interest in property in which the creditor has an existing security interest as a result of the prior transaction which is one of those agreed […]
422.419 – Waivers prohibited.
422.419 Waivers prohibited. (1) No contract evidencing a consumer credit transaction may contain any provision by which: (a) The merchant or other person acting on the merchant’s behalf is given authority to enter the customer’s dwelling or to commit any breach of the peace in the course of taking possession of collateral securing the transaction; […]