Ariz. Rev. Stat. § 6-639

Current through L. 2024, ch. 259
Section 6-639 - Loans from theft or fraud; consumer not responsible; correction of credit information

A licensee may not hold a person responsible for any loan amount that is incurred as a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310. Within thirty days after a licensee is aware that a loan is a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310, the licensee shall immediately correct any derogatory credit information that is reported to a consumer reporting agency as defined in section 44-1691 and that is the result of the violation.

A.R.S. § 6-639

Added by L. 2014, ch. 96,s. 4, eff. 7/24/2014.