Sec. 393.304.  FALSE OR MISLEADING REPRESENTATION OR STATEMENT.  A credit services organization or a representative of the organization may not:
(1)  make or use a false or misleading representation in the offer or sale of the services of the organization, including:
(A)  guaranteeing to "erase bad credit" or words to that effect unless the representation clearly discloses this can be done only if the credit history is inaccurate or obsolete;  and
(B)  guaranteeing an extension of consumer credit regardless of the person's credit history unless the representation clearly discloses the eligibility requirements for obtaining the extension;  or
(2)  make, or advise a consumer to make, a statement relating to a consumer's credit worthiness, credit standing, or credit capacity that the person knows, or should know by the exercise of reasonable care, to be false or misleading to a:
(A)  consumer reporting agency;  or
(B)  person who has extended consumer credit to a consumer or to whom a consumer is applying for an extension of consumer credit.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.