What's New? FACTA Notice Requirement

Tuesday, March 27, 2012 at 11:46AM
Banking Spectrum in Compliance, Uncategorized

The Fair and Accurate Credit Transactions Act created a new notice requirement for risk-based credit pricing programs effective January 1, 2011.

The Risk-Based  Credit sections of the Fair and Accurate Credit Transactions Act chapters of  The Gold Book have been updated accordingly.

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).