407.635. Definitions. - Missouri Statutes

Definitions.

407.635. As used in sections 407.635 to 407.644, the following words andphrases shall mean:

(1) "Buyer", an individual who is solicited to purchase or who purchasesthe services of a credit services organization;

(2) "Consumer reporting agency" has the meaning assigned by section603(f) of the federal Fair Credit Reporting Act, 15 U.S.C. Section 1681a(f);

(3) "Extension of credit", the right to defer payment of debt or toincur debt and defer its payment offered or granted primarily for personalfamily or household purposes.

(L. 1991 S.B. 112 § 1)