Credit Services Businesses Act; prohibited practices. (HB872)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Virginia Credit Services Businesses Act. Repeals the provision that bars a credit services business from receiving any payment from a consumer in advance of complete and full performance of the services that the business agreed to perform for or on behalf of the consumer. A credit service business generally undertakes to improve a consumer's credit record, history, or report or obtain an extension of credit for a consumer. View Full Text »

