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Home » Store » News » FACTA Data Disposal not Just a Cut-and-Dried System, Expert Says

FACTA Data Disposal not Just a Cut-and-Dried System, Expert Says

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Beginning June 1, 2005, the Fair and Accurate Credit Transaction Act will require mortgage lenders to ensure that all documents relating to consumer credit information are properly destroyed before they are discarded. The requirement is designed to reduce the risk of identity theft and consumer fraud caused by improper disposal of paperwork containing sensitive consumer information. …
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