R20-4-611. Advertising

A. A debt management company shall not use advertising, communication, or sales material that contains: 1. A false, misleading, or deceptive statement about the debt management company’s services or charges. A statement is a violation of this Section if the person making the statement does not state a material fact necessary to make the statement true, in light of the circumstances under which it is made; 2. A claim, direct or implied, that the debt management company consolidates debts or makes loans; or 3. A schedule of payments in any form. B. A debt management company’s advertising, communication, and sales material shall contain the following legend, conspicuously displayed in at least 12 point type and in bold print: “NOT A LOAN COMPANY.”