Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART IV. Bureau of Consumer Credit Agencies |
Chapter 57. Debt Management Services Continuing Education |
SubChapter A. GENERAL PROVISIONS…57.1 |
Section 57.1. Definitions
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The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
ActDebt Management Services Act (63 P. S. § § 24012449).
Certifying organizationAn independent third-party offering debt management services certification for credit counselors and continuing education courses for credit counselors and supervisors.
Continuing education unitAn hour of continuing education.
Credit counselorAn individual who interacts, corresponds or otherwise communicates with a consumer on behalf of a licensee to discuss, develop, implement or maintain a consumer education program for the consumer regarding debt management services.
LicenseeA debt management service provider licensed by the Department under the act.
SupervisorAn individual with direct responsibility for the actions of one or more credit counselors, including a manager.