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Home » Store » News » FTC Proposes to Require Lender Rules for Consumer Info Disposal

FTC Proposes to Require Lender Rules for Consumer Info Disposal

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The Federal Trade Commission is seeking comment on a proposal for the proper disposal of consumer report information and records. Under the Fair and Accurate Credit Transactions Act, the FTC and agencies regulating federally chartered banks, thrifts and credit unions are required to adopt “consistent and comparable” rules regarding such disposal.
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