Ch. 670                                    1994 LAWS OF MARYLAND

CHAPTER 670

(House Bill 1420)                   

AN ACT concerning

Credit Services Businesses - Prohibited Acts

FOR the purpose of prohibiting a credit services business from assisting a consumer to
make false or misleading representations regarding the consumer's identity to
government agencies or to persons to whom the consumer applies or intends to
apply for an extension of credit; prohibiting a credit services business from creating,
assisting a consumer to create, or providing a consumer with information on how to
create, a new consumer report, credit file, or credit record by using a different
name, address, telephone number, social security number, or employer tax
identification number; altering a certain definition; and generally relating to credit
services businesses.

BY repealing and reenacting, with amendments,                 .                   

Article - Commercial Law
Section 14-1901(b) and 14-1902
Annotated Code of Maryland
(1990 Replacement Volume and 1993 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Commercial Law

14-1901.

(b) (1) "Credit services business" means any person who, with respect to the
extension of credit by others, sells, [provides] PROVIDES, or performs, or represents that
such person can or will sell, provide, or perform, any of the following services in return for
the payment of money or other Valuable consideration:

(i) Improving a consumer's credit record, history, or rating OR
ESTABLISHING A NEW CREDIT FILE OR RECORD;                                               

(ii) Obtaining an extension of credit for a consumer; or

(iii) Providing advice or assistance to a consumer with regard to either
subparagraph (i) or (ii) of this paragraph.

(2) "CREDIT SERVICES BUSINESS" INCLUDES A PERSON WHO SELLS OR
ATTEMPTS TO SELL WRITTEN MATERIALS CONTAINING INFORMATION THAT THE
PERSON REPRESENTS WILL ENABLE A CONSUMER TO ESTABLISH A NEW CREDIT
FILE OR RECORD.

[(2)](3) "Credit services business" does not include:

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