44-1705. Information statement; contents

213 words·~1 min read·/az/title-44/44-1705

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The information statement shall include all of the following:

1. A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer credit reporting agency and the right of the buyer to receive a copy of that file, as provided by section 44-1693. The statement shall include the approximate price the buyer will be charged by the credit reporting agency for a copy of the file.

2. A complete and accurate statement of the buyer's right to dispute the completeness or accuracy of any item contained in any file on the buyer maintained by any consumer credit reporting agency as provided by section 44-1694.

3. A complete and detailed description of the services to be performed by the credit services organization for or on behalf of the buyer and the total amount the buyer has to pay, or become obligated to pay, for the services.

4. If the credit services organization is required to obtain a surety bond pursuant to section 44-1703, the statement shall set forth both of the following:

(a)The buyer's right to proceed against the bond under the circumstances and in the manner set forth in section 44-1708.

(b)The name and address of the surety company which issued the bond.