Oregon State Statutes - Oregon Attorney Directory

The Legislative Assembly finds and declares that:

(1) The ability to obtain and use credit has become of great importance to consumers who have a vital interest in establishing and maintaining their creditworthiness and credit standing. As a result, consumers who have experienced credit problems may seek assistance from credit services organizations which offer to obtain credit or improve the credit standing of consumers.

(2) Certain advertising and business practices of some credit services organizations have worked a financial hardship upon the people of this state, particularly on those who have limited economic means and are inexperienced in credit matters. Credit services organizations have significant impact upon the economy and well-being of this state and its people.

(3) The purposes of ORS 646.382 to 646.396 are to provide prospective customers of credit services organizations with the information necessary to make intelligent decisions regarding the purchase of those services and to protect the public from unfair or deceptive advertising and business practices. ORS 646.382 to 646.396 shall be interpreted liberally to achieve these purposes.

[1993 c.582 §1]

Click here to visit the Official Oregon State Statutes