Office of Economic Development and International Trade

Business Licensing Database
CREDIT REPAIR (UCCC)

CREDIT REPAIR

CREDIT REPORT

DEBT

INTEREST RATES

State

Colorado Department of Law
Uniform Consumer Credit Code (UCCC)
1525 Sherman St, 5th Fl.
Denver , CO 80203
(303)866-4500
Fax: (303)866-5691

Any person or business that, for a fee, advertises or claims they can improve a person's credit record or report is subject to the Colorado Credit Services Organization Act.

Written contracts and disclosures required.

Buyer can cancel contract within 5 working days without penalty.

Complaints should be forwarded to UCCC.

Link: http://www.coloradoattorneygeneral.gov/departments/consumer_protection/file_con
sumer_complaint

Federal

U.S. Federal Trade Commission
600 Pennsylvania Ave, NW
Washington , DC 20580
(202)326-2222
(877)382-4357

The Federal Trade Commission's Telemarketing Sales Rule prohibits credit repair companies from collecting any advance fees other than those connected with the cost of obtaining credit reports.

Link: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm

State

NOTE: For debt consolidation or if lending money, see BANK

NOTE: If applicable, see SAVINGS AND LOAN

NOTE: See also FINANCE COMPANY

page last updated 3/23/10

The Colorado Revised Statutes are available on line at http://www.state.co.us/gov_dir/leg_dir/olls/colorado_revised_statutes.htm. You can locate a statute of interest by searching either on the citation given in the database (e.g., 18-5-307) or on a keyword or phrase.

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Business Licensing Database CREDIT REPAIR (UCCC)

Business Licensing Database
CREDIT REPAIR (UCCC)