Mo. Rev. Stat. § 407.635

Current with changes from the 2024 Legislative Session

Section 407.635 - Definitions

As used in sections 407.635 to 407.644, the following words and phrases shall mean:

(1)"Buyer", an individual who is solicited to purchase or who purchases the services of a credit services organization;

(2)"Consumer reporting agency" has the meaning assigned by section 603(f) of the federal Fair Credit Reporting Act, 15 U.S.C. Section 1681a(f);

(3)"Extension of credit", the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal family or household purposes.

§ 407.635, RSMo

L. 1991 S.B. 112 § 1