Sections
19 entriesSection 1789.10Establishes the Credit Services Act of 1984 as the name of this title and allows the title to be cited by that…Section 1789.11Establishes legislative findings that credit is important to consumers and that some credit-services practices have caused financial hardship, especially for people with…Section 1789.12Defines communication, consumer, credit services organization, data furnisher, extension of credit, and person for the title. A credit services organization provides paid…Section 1789.13Prohibits credit services organizations and covered sellers or agents from taking payment before full performance, missing the 180-day performance deadline, specified deceptive…Section 1789.134Requires a consumer credit reporting agency, creditor, debt collector, or debt buyer that knows a consumer has an identifiable credit services organization…Section 1789.135Requires a credit services organization sending a written communication containing consumer personal information to redact specified identifiers to the last four digits,…Section 1789.14Requires a credit-services organization to give the consumer the required written disclosure statement before the parties execute their contract or agreement. The…Section 1789.15Requires a credit services organization’s information statement to describe its services, total consumer cost, bond rights, surety, nonprofit counseling, complaint information, and…Section 1789.16Prohibits a credit services organization from serving a consumer without a compliant written contract and required cancellation form. Requires disclosure of a…Section 1789.17Establishes a seller’s breach of a contract governed by the title, or breach of an obligation arising from that contract, as a…Section 1789.18Prohibits a credit services organization from doing business in California without a $100,000 surety bond issued by an admitted surety and filed…Section 1789.19Bars consumers from waiving rights under the title by declaring any such waiver contrary to public policy, void, and unenforceable, and treats…Section 1789.20Establishes misdemeanor liability for violating the title and allows superior courts to enjoin violations, with enforcement authority vested in the Attorney General,…Section 1789.21Allows a consumer injured by a title violation or contract breach to seek damages, injunctive relief, or both, with actual damages at…Section 1789.22Sets the title’s remedies and requirements as nonexclusive, so parties and covered contracts remain subject to every other applicable law. Allows procedures…Section 1789.23Establishes that if any provision of the title, or its application to any person or circumstance, is held invalid, the remaining provisions…Section 1789.24Establishes payment procedures for approved claims against a cash deposit replacing a credit-services-organization bond. The first approved claim starts a 240-day waiting…Section 1789.25Requires credit services organizations to register with the Department of Justice before doing business, pay a $100 application fee, and maintain required…Section 1789.26Requires the Secretary of State to enforce the title’s requirements governing filing and maintenance of bonds and deposits used instead of bonds.…