{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-335.7.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-335.7.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-335.7.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-335.7.html"}],"law_id":60837,"edition_id":1,"section_id":60837,"structure_id":14892,"section_number":"59.1-335.7","catch_line":"Contents of information statement","history":"1989, cc. 651, 655; 2010, c. 421; 2023, c. 110.","full_text":"The information statement required under \u00a7 59.1-335.6 shall include all of the following:\n\n1\n\na. A complete and accurate statement of the consumer’s right to review any file on the consumer maintained by any consumer reporting agency, and the right of the consumer to receive a copy of a consumer report containing all information in that file as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681g);\n\t\t\tb. A complete and accurate statement of the consumer’s right to receive a free copy of the consumer’s credit report every 12 months from each of the three nationwide consumer reporting agencies, including identification of the website and toll-free telephone number through which the free report may be obtained, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j);\n\t\t\tc. A complete and accurate statement that a copy of the consumer report containing all information in the consumer’s file will be furnished free of charge by the consumer reporting agency if requested by the consumer within 60 days of receiving a notice of a denial of credit as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j); and\n\t\t\td. A complete and accurate statement that a nominal charge may be imposed on the consumer by the consumer reporting agency for a copy of the consumer report containing all information in the consumer’s file, if the consumer has already obtained the free credit report to which the consumer is entitled on an annual basis and the consumer has not been denied credit within 60 days from receipt of the consumer’s request;2\n\nA complete and accurate statement of the consumer’s right to dispute the completeness or accuracy of any item contained in any file on the consumer that is maintained by any consumer reporting agency, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681i);3\n\nA complete and detailed description of the services to be performed by the credit services business for or on behalf of the consumer, and the total amount the consumer will have to pay, or become obligated to pay, for the services. Such statement shall include the following notice in at least 10-point bold type:\n\t\t\tIMPORTANT NOTICE:\n\t\t\tYOU HAVE NO OBLIGATION TO PAY ANY FEES OR CHARGES UNTIL ALL SERVICES HAVE BEEN PERFORMED COMPLETELY FOR YOU, UNLESS YOU ENTER INTO A SUBSCRIPTION AGREEMENT REQUIRING PERIODIC PAYMENTS IN CONSIDERATION FOR ONGOING SERVICES.\n\t\t\t; and4\n\nThe notice prescribed by subdivision 3 shall also be posted by means of a conspicuous sign so as to be readily noticeable and readable at the location within the premises of the credit services business where consumers are interviewed by personnel of the business.","order_by":null,"text":{"0":{"id":222379,"text":"The information statement required under \u00a7 59.1-335.6 shall include all of the following:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":222380,"text":"a. A complete and accurate statement of the consumer’s right to review any file on the consumer maintained by any consumer reporting agency, and the right of the consumer to receive a copy of a consumer report containing all information in that file as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681g);\n\t\t\tb. A complete and accurate statement of the consumer’s right to receive a free copy of the consumer’s credit report every 12 months from each of the three nationwide consumer reporting agencies, including identification of the website and toll-free telephone number through which the free report may be obtained, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j);\n\t\t\tc. A complete and accurate statement that a copy of the consumer report containing all information in the consumer’s file will be furnished free of charge by the consumer reporting agency if requested by the consumer within 60 days of receiving a notice of a denial of credit as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j); and\n\t\t\td. A complete and accurate statement that a nominal charge may be imposed on the consumer by the consumer reporting agency for a copy of the consumer report containing all information in the consumer’s file, if the consumer has already obtained the free credit report to which the consumer is entitled on an annual basis and the consumer has not been denied credit within 60 days from receipt of the consumer’s request;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":222381,"text":"A complete and accurate statement of the consumer’s right to dispute the completeness or accuracy of any item contained in any file on the consumer that is maintained by any consumer reporting agency, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681i);","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":222382,"text":"A complete and detailed description of the services to be performed by the credit services business for or on behalf of the consumer, and the total amount the consumer will have to pay, or become obligated to pay, for the services. Such statement shall include the following notice in at least 10-point bold type:\n\t\t\tIMPORTANT NOTICE:\n\t\t\tYOU HAVE NO OBLIGATION TO PAY ANY FEES OR CHARGES UNTIL ALL SERVICES HAVE BEEN PERFORMED COMPLETELY FOR YOU, UNLESS YOU ENTER INTO A SUBSCRIPTION AGREEMENT REQUIRING PERIODIC PAYMENTS IN CONSIDERATION FOR ONGOING SERVICES.\n\t\t\t; and","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":222383,"text":"The notice prescribed by subdivision 3 shall also be posted by means of a conspicuous sign so as to be readily noticeable and readable at the location within the premises of the credit services business where consumers are interviewed by personnel of the business.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":14892,"edition_id":1,"name":"Virginia Credit Services Businesses Act","identifier":"25.1","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:50:37","date_modified":"2026-06-26 03:50:37","permalink":{"id":260865,"object_type":"structure","relational_id":14892,"identifier":"25.1","token":"59.1\/25.1","url":"\/59.1\/25.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":75984,"structure_id":14892,"section_number":"59.1-335.1","catch_line":"Title","url":"\/59.1-335.1\/","token":"59.1\/25.1\/59.1-335.1","metadata":false},{"id":72344,"structure_id":14892,"section_number":"59.1-335.10","catch_line":"Liability to consumer","url":"\/59.1-335.10\/","token":"59.1\/25.1\/59.1-335.10","metadata":false},{"id":81308,"structure_id":14892,"section_number":"59.1-335.11","catch_line":"Statute of limitations","url":"\/59.1-335.11\/","token":"59.1\/25.1\/59.1-335.11","metadata":false},{"id":72551,"structure_id":14892,"section_number":"59.1-335.12","catch_line":"Violations of chapter; enforcement","url":"\/59.1-335.12\/","token":"59.1\/25.1\/59.1-335.12","metadata":false},{"id":73880,"structure_id":14892,"section_number":"59.1-335.2","catch_line":"Definitions","url":"\/59.1-335.2\/","token":"59.1\/25.1\/59.1-335.2","metadata":false},{"id":63390,"structure_id":14892,"section_number":"59.1-335.3","catch_line":"Registration; fees","url":"\/59.1-335.3\/","token":"59.1\/25.1\/59.1-335.3","metadata":false},{"id":56862,"structure_id":14892,"section_number":"59.1-335.4","catch_line":"Bond or letter of credit required","url":"\/59.1-335.4\/","token":"59.1\/25.1\/59.1-335.4","metadata":false},{"id":62805,"structure_id":14892,"section_number":"59.1-335.5","catch_line":"Prohibited practices","url":"\/59.1-335.5\/","token":"59.1\/25.1\/59.1-335.5","metadata":false},{"id":79483,"structure_id":14892,"section_number":"59.1-335.6","catch_line":"Information statement required","url":"\/59.1-335.6\/","token":"59.1\/25.1\/59.1-335.6","metadata":false},{"id":60837,"structure_id":14892,"section_number":"59.1-335.7","catch_line":"Contents of information statement","url":"\/59.1-335.7\/","token":"59.1\/25.1\/59.1-335.7","metadata":false},{"id":77844,"structure_id":14892,"section_number":"59.1-335.8","catch_line":"Contents of contracts","url":"\/59.1-335.8\/","token":"59.1\/25.1\/59.1-335.8","metadata":false},{"id":84563,"structure_id":14892,"section_number":"59.1-335.9","catch_line":"Breach; null and void contract","url":"\/59.1-335.9\/","token":"59.1\/25.1\/59.1-335.9","metadata":false}],"previous_section":{"id":79483,"structure_id":14892,"section_number":"59.1-335.6","catch_line":"Information statement required","url":"\/59.1-335.6\/","token":"59.1\/25.1\/59.1-335.6","metadata":false},"next_section":{"id":77844,"structure_id":14892,"section_number":"59.1-335.8","catch_line":"Contents of contracts","url":"\/59.1-335.8\/","token":"59.1\/25.1\/59.1-335.8","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-335.7\/","history_text":"

This law was first created in 1989. The record of its establishment is cataloged in chapters 651 and 655 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1989 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2010, chapter 421<\/a>; in 2023, chapter 110<\/a>.<\/p>","references":[{"id":79483,"section_number":"59.1-335.6","catch_line":"Information statement required","order_by":null,"url":"\/59.1-335.6\/"}],"refers_to":[{"id":79483,"section_number":"59.1-335.6","catch_line":"Information statement required","order_by":null,"url":"\/59.1-335.6\/"}],"permalink":{"id":260903,"object_type":"law","relational_id":60837,"identifier":"59.1-335.7","token":"59.1\/25.1\/59.1-335.7","url":"\/59.1-335.7\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-335.7\/","token":"59.1\/25.1\/59.1-335.7","dublin_core":{"Title":"Contents of information statement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-335.7","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The information statement required under \u00a7 59.1-335.6<\/a> shall include all of the following:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> a. A complete and accurate statement of the consumer’s right to review any file<\/span> on the consumer maintained by any consumer reporting agency<\/span>, and the right of the consumer to receive a copy of a consumer report<\/span> containing all information in that file<\/span> as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681g);\n\t\t\tb. A complete and accurate statement of the consumer’s right to receive a free copy of the consumer’s credit report every 12 months from each of the three nationwide consumer reporting agencies, including identification of the website and toll-free telephone number through which the free report may be obtained, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j);\n\t\t\tc. A complete and accurate statement that a copy of the consumer report<\/span> containing all information in the consumer’s file<\/span> will be furnished free of charge by the consumer reporting agency<\/span> if requested by the consumer within 60 days of receiving a notice of a denial of credit as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681j); and\n\t\t\td. A complete and accurate statement that a nominal charge may be imposed on the consumer by the consumer reporting agency<\/span> for a copy of the consumer report<\/span> containing all information in the consumer’s file<\/span>, if the consumer has already obtained the free credit report to which the consumer is entitled on an annual basis and the consumer has not been denied credit within 60 days from receipt of the consumer’s request; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A complete and accurate statement of the consumer’s right to dispute the completeness or accuracy of any item contained in any file<\/span> on the consumer that is maintained by any consumer reporting agency<\/span>, as provided under the Federal Fair Credit Reporting Act (15 U.S.C. § 1681i); <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> A complete and detailed description of the services to be performed by the credit services business<\/span> for or on behalf of the consumer, and the total amount the consumer will have to pay, or become obligated to pay, for the services. Such statement shall include the following notice in at least 10-point bold type:\n\t\t\tIMPORTANT NOTICE:\n\t\t\tYOU HAVE NO OBLIGATION TO PAY ANY FEES OR CHARGES UNTIL ALL SERVICES HAVE BEEN PERFORMED COMPLETELY FOR YOU, UNLESS YOU ENTER INTO A SUBSCRIPTION AGREEMENT REQUIRING PERIODIC PAYMENTS IN CONSIDERATION FOR ONGOING SERVICES.\n\t\t\t; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The notice prescribed by subdivision 3 shall also be posted by means of a conspicuous sign so as to be readily noticeable and readable at the location within the premises of the credit services business<\/span> where consumers<\/span> are interviewed by personnel of the business. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCONTENTS OF INFORMATION STATEMENT (\u00a7 59.1-335.7)\n\nThe information statement required under \u00a7 59.1-335.6 shall include all of the\nfollowing:\n\n1. a. A complete and accurate statement of the consumer’s right to review\nany file on the consumer maintained by any consumer reporting agency, and the\nright of the consumer to receive a copy of a consumer report containing all\ninformation in that file as provided under the Federal Fair Credit Reporting Act\n(15 U.S.C. § 1681g);\n\t\t\tb. A complete and accurate statement of the consumer’s right to receive\na free copy of the consumer’s credit report every 12 months from each of\nthe three nationwide consumer reporting agencies, including identification of\nthe website and toll-free telephone number through which the free report may be\nobtained, as provided under the Federal Fair Credit Reporting Act (15 U.S.C.\n§ 1681j);\n\t\t\tc. A complete and accurate statement that a copy of the consumer report\ncontaining all information in the consumer’s file will be furnished free\nof charge by the consumer reporting agency if requested by the consumer within\n60 days of receiving a notice of a denial of credit as provided under the\nFederal Fair Credit Reporting Act (15 U.S.C. § 1681j); and\n\t\t\td. A complete and accurate statement that a nominal charge may be imposed on\nthe consumer by the consumer reporting agency for a copy of the consumer report\ncontaining all information in the consumer’s file, if the consumer has\nalready obtained the free credit report to which the consumer is entitled on an\nannual basis and the consumer has not been denied credit within 60 days from\nreceipt of the consumer’s request;\n\n2. A complete and accurate statement of the consumer’s right to dispute\nthe completeness or accuracy of any item contained in any file on the consumer\nthat is maintained by any consumer reporting agency, as provided under the\nFederal Fair Credit Reporting Act (15 U.S.C. § 1681i);\n\n3. A complete and detailed description of the services to be performed by the\ncredit services business for or on behalf of the consumer, and the total amount\nthe consumer will have to pay, or become obligated to pay, for the services.\nSuch statement shall include the following notice in at least 10-point bold\ntype:\n\t\t\tIMPORTANT NOTICE:\n\t\t\tYOU HAVE NO OBLIGATION TO PAY ANY FEES OR CHARGES UNTIL ALL SERVICES HAVE\nBEEN PERFORMED COMPLETELY FOR YOU, UNLESS YOU ENTER INTO A SUBSCRIPTION\nAGREEMENT REQUIRING PERIODIC PAYMENTS IN CONSIDERATION FOR ONGOING SERVICES.\n\t\t\t; and\n\n4. The notice prescribed by subdivision 3 shall also be posted by means of a\nconspicuous sign so as to be readily noticeable and readable at the location\nwithin the premises of the credit services business where consumers are\ninterviewed by personnel of the business.\n\nHISTORY: 1989, cc. 651, 655; 2010, c. 421; 2023, c. 110.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}