Arizona Arizona Revised Statutes
§ 6-639 — Loans from theft or fraud; consumer not responsible; correction of credit information
ARS § 6-639Title 6. Banks and Financial Institutions · Ch. 5. CONSUMER LENDERS · Art. 2. Requirements for Consumer Lender Loans
Statute text
View on source6-639. Loans from theft or fraud; consumer not responsible; correction of credit information A licensee may not hold a person responsible for any loan amount that is incurred as a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310. Within thirty days after a licensee is aware that a loan is a result of a violation of section 13-2008, 13-2009, 13-2010 or 13-2310, the licensee shall immediately correct any derogatory credit information that is reported to a consumer reporting agency as defined in section 44-1691 and that is the result of the violation.