Fair and Accurate Credit Transaction Act of 2003

(redirected from Fair and Accurate Credit Transaction Act)

Fair and Accurate Credit Transaction Act of 2003

Legislation in the United States requiring the three major credit reporting agencies to disclose an individual's credit reports to that individual once per year for free. One may request a free report through a website or telephone number managed by the three agencies, Experian, Equifax, and TransUnion, in cooperation with the Federal Trade Commission. The Act contains provisions making identity theft more difficult. See also: Fair Credit Reporting Act.
References in periodicals archive ?
By signing the Fair and Accurate Credit Transaction Act, President Bush has further demonstrated his commitment to helping more families and individuals realize the American dream of homeownership," said Rob Couch, MBA's chairman.
Laws such as the Fair and Accurate Credit Transaction Act, the Financial Modernization Act and the Health Insurance Portability and Accountability Act, cover practically every business, large or small, in regards to document disposal.
will help financial services companies comply with recently proposed Fair and Accurate Credit Transaction Act (FACTA) guidelines aimed at preventing identity theft, according to Adam Elliott and Bob Clark, the company's founders.
Taking out an item for the Fair and Accurate Credit Transaction Act, EFX earned 45 cents per share in the quarter, matching the Street's expectations.
Become knowledgeable about the Disposal Rule of the Fair and Accurate Credit Transaction Act (FACTA) that becomes effective June 1, 2005.
adults don't know what businesses need to do in order to comply with the Fair and Accurate Credit Transaction Act (FACTA) that becomes effective June 1, 2005.