Pennsylvania Statutes Title 73 P.S. Trade and Commerce § 2186. Contract

(a) Contents.--Every contract between the buyer and a credit services organization for the purchase of the services of the credit services organization shall be in writing, shall be dated, shall be signed by the buyer and shall include all of the following:

(b) Copy.--A copy of the fully completed contract and all other documents the credit services organization requires the buyer to sign shall be given to the buyer at the time they are signed.

(c) Notice of cancellation.--The contract shall be accompanied by a completed form in duplicate, captioned “Notice of Cancellation,” which shall be attached to the contract and easily detachable and which shall contain, in at least 10-point type, the following statement written in the same language as used in the contract:

You may cancel this contract without any penalty or obligation within five days from the date the contract is signed.

If you cancel, any payment made by you under this contract will be returned within 15 days following receipt by the seller of your cancellation notice.

To cancel this contract, mail or deliver a signed and dated copy of this cancellation notice or any other written notice to (name of seller) at

not later than 12 midnight (date).

I hereby cancel this transaction.

(d) Effect of breach.--The seller's breach of a contract under this act or of any obligation arising therefrom shall constitute a violation of this act.