§ 458-a. Legislative findings and declarations; purposes. The
legislature finds and declares:

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 credit worthiness and credit standing. As a result, consumers who
have experienced credit problems may seek assistance from credit
services businesses which offer to improve the credit standing of such
consumers.

Certain advertising and business practices of some companies engaged
in the business of credit services have worked a financial hardship upon
the people of this state, often those who are of limited economic means
and inexperienced in credit matters.

2. The purposes of this article are to provide prospective consumers
of services of credit services companies with the information necessary
to make an informed decision regarding the purchase of those services
and to protect the public from unfair or deceptive advertising and
business practices.