(1) Before executing a contract or agreement with or receiving money or other valuable consideration from a
buyer, a credit services organization shall provide the
buyer with a written statement containing: (a) A complete and detailed description
of the services to be performed by the credit services organization for the
buyer and the total cost
of the services; (b) A statement explaining the
buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address
of the surety company that issued the bond or the name and address
of the depository and the trustee and the account
number of the surety account; (d) A complete and accurate statement
of the
buyer's right to review any file on the
buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the
buyer's file is available for review at no charge on
request made to the consumer reporting agency within thirty days after the date
of receipt
of notice that credit has been denied and that the
buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement
of the
buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy
of any item contained in a file on the
buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files
of a consumer reporting agency; (h) A complete and accurate statement
of when consumer information becomes obsolete and
of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement
of the availability
of nonprofit credit counseling services.