; or (iii) any services provided without compliance with sections 424(c) and 424(d). (5) Consumer The term consumer has the meaning given that term under section 403 of the Credit Repair Organizations Act. (6) Consumer report The term consumer report has the meaning given that term under section 603 of the Fair Credit Reporting Act. 424. Promotion of credit and identity protection services and credit education services (a) Inapplicability of the Credit Repair Organizations Act to credit and identity protection services and credit education services The Credit Repair Organizations Act ( 15 U.S.C. 1679 et seq.) shall not apply to any authorized credit services provider to the extent such provider offers, sells, provides, or performs credit and identity protection services or credit education services. (b) Prohibited practices No authorized credit services provider may— (1) make any statement, or counsel or advise any consumer to make any statement, which is untrue or misleading (or which, upon the exercise of reasonable care, should be known by the authorized credit services provider officer, employee, agent, or other person to be untrue or misleading) with respect to any consumer’s credit worthiness, credit standing, or credit capacity to— (A) any consumer reporting agency (as defined under section 603(f) of the Fair Credit Reporting Act); or (B) any person— (i) who has extended credit to the consumer; or (ii) to whom the consumer has applied or is applying for an extension of credit; (2) make any statement, or counsel or advise any consumer to make any statement, the intended effect of which is to alter the consumer’s identification to prevent the display of the consumer’s credit record, history, or rating for the purpose of concealing adverse information that is accurate and not obsolete to— (A) any consumer reporting agency (as defined under section 603(f) of the Fair Credit Reporting Act); or (B) any person— (i) who has extended credit to the consumer