RCW 19.134.010 Definitions. As used in this chapter: (1) “Buyer” means any individual who is solicited to purchase or who purchases the services of a credit services organization. (2)(a) “Credit services organization” means any person who, with respect to the extension of credit by others, sells, provides, performs, or represents that he or she can […]
RCW 19.134.020 Prohibited conduct. A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit services organization may not do any of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services […]
RCW 19.134.030 Surety bond and trust account—Exception to requirement. If a credit services organization is in compliance with RCW 19.134.020(1), the salesperson, agent, or representative who sells the services of that organization is not required to obtain a surety bond and establish a trust account. [ 1986 c 218 § 4.]
RCW 19.134.040 Information statement—Prerequisite to contract or payment—File maintained. Before the execution of a contract or agreement between the buyer and a credit services organization or before the receipt by the credit services organization of any money or other valuable consideration, whichever occurs first, the credit services organization shall provide the buyer with a statement […]
RCW 19.134.050 Information statement—Contents. The information statement required under RCW 19.134.040 shall include all of the following: (1)(a) A complete and accurate statement of the buyer’s right to review any file on the buyer maintained by any consumer reporting agency, as provided under the federal Fair Credit Reporting Act, 15 U.S.C. Secs. 1681 through 1681t; […]
RCW 19.134.060 Contract for purchase of services—Contents—Notice of cancellation—Buyer’s copy. (1) Each contract between the buyer and a credit services organization for the purchase of the services of the credit services organization shall be in writing, dated, signed by the buyer, and include all of the following: (a) A conspicuous statement in bold face type, […]
RCW 19.134.070 Waiver of rights—Violations—Enforcement—Unfair business practice. (1) Any waiver by a buyer of any part of this chapter is void. Any attempt by a credit services organization to have a buyer waive rights given by this chapter is a violation of this chapter. (2) In any proceeding involving this chapter, the burden of proving […]
RCW 19.134.080 Damages—Attorney’s fees. (1) Any buyer injured by a violation of this chapter may bring any action for recovery of damages. Judgment shall be entered for actual damages, but in no case less than the amount paid by the buyer to the credit services organization, plus reasonable attorney’s fees and costs. An award may […]
RCW 19.134.900 Short title. This chapter may be known and cited as the “credit services organizations act.” [ 1986 c 218 § 1.]
