§24-136. Information statement - Contents.
259 words·~1 min read·
/ok/title-24-debtor-and-creditor/24-136·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The information statement required pursuant to Section 5 of this act shall include all of the following:
1. a. a complete and accurate statement of the buyer's right
to review any file on the buyer maintained by any
consumer reporting agency, as provided under the
Federal Fair Credit Reporting Act, 15 U.S.C., Sections
1681 through 1681t,
b. a statement that the buyer may review his or her
consumer reporting agency file at no charge if a
request is made to the consumer credit reporting
agency within thirty
(30)days after receiving notice
that credit has been denied, and
c. the approximate price the buyer will be charged by the
consumer reporting agency to review his or her
consumer reporting agency 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 reporting agency;
3. A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total amount the buyer will have to pay, or become obligated to pay, for the services;
4. A statement asserting the buyer's right to proceed against the bond or trust account required under Section 3 of this act; and
5. The name and address of the surety company that issued the bond, or the name and address of the depository and the trustee and the account number of the trust account. Added by Laws 1987, c. 35, § 6, emerg. eff. April 20, 1987.