P.R. Laws tit. 7, § 2034
Any information provider shall be bound to notify in writing to all its clients of every instance in which it has submitted information that is adverse to their credit, within not more than thirty (30) days after such information is submitted to the credit reporting agency.
Clients shall be notified every time that adverse information is submitted to the credit reporting agency; Provided, That such written notice shall be made through a letter and shall be included in the next collection notice. Notices shall include the number of days overdue, as well as a warning to the consumer that such delinquency shall be recorded in his/her credit history of the institution, and that such delinquency shall also be notified to credit reporting agencies. The notice shall be repeated every ninety (90) days following the first notice and it may be made through a letter or on the next collection notice.
History —Sept. 2, 2000, No. 364, § 6; Feb. 8, 2003, No. 74, § 3; June 8, 2010, No. 57, § 1.