Utah Statutes

§ 13-42-130 — Advertising.

Utah·Title 13 Commerce and Trade·Ch. 13-42 Uniform Debt-Management Services Act
(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:
(2)(a) the information specified in Subsections 13-42-117(4)(e) and (f); and
(2)(b) the provider's settlement fee structure, consistent with the limitations of Section 13-42-123.

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Legislative History

Amended by Chapter 152, 2012 General Session

Nearby Sections

15
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