Tennessee Credit Repair Laws

Consumers in Tennessee wanting to use a credit repair firm to repair their credit need to understand the Tennessee credit repair laws. The laws below pertain to credit repair services in the state of Tennessee.

Credit repair services may not charge or collect a fee for referring consumer to a retail seller who will or may extend credit that is on substantially the same terms as those available to the general public; use a program or plan which charges installment payments directly to a credit card prior to full and complete performance of the services it has agreed to perform.

Credit repair services must disclose a complete and accurate statement of the availability of nonprofit budget and debt counseling services.

You may cancel your bad credit repair contract within 5 business days of signing. Any payments made must be returned within 10 days of receipt of cancellation notice.

Tennessee Bad Credit Resources

• Second Chance Checking Accounts in Tennessee
• Bad Credit Checking Accounts
• Telephone Service Providers in Tennessee