13-42-130 - Advertising. - Utah Statutes

13-42-130. Advertising.
(1) If a provider whose agreements contemplate that creditors will reduce finance chargesor fees for late payment, default, or delinquency advertises debt-management services, it shalldisclose, in an easily comprehensible manner, that using a debt-management plan may make itharder for the individual to obtain credit.
(2) If a provider whose agreements contemplate that creditors will settle for less than thefull principal amount of debt that advertises debt-management services, it shall disclose, in aneasily comprehensible manner:
(a) the information specified in Subsections 13-42-117(4)(c) and (d); and
(b) the provider's settlement fee structure, consistent with the limitations of Section13-42-123.

Amended by Chapter 229, 2009 General Session