Chapter 8: Federal Privacy Protection and Consumer Identification Laws

Question 1

creditor

Answer 1

a person who regularly extends consumer credit that is subject to a finance charge, or is paid by written agreement in more than four installments, and to whom the obligation is originally payable

Question 2

FACTA

Answer 2

2003. Fair and Accurate Credit Transactions Act. amendment to FCRA. aimed at enhancing protections for identity theft. prohibits businesses from printing more than 5 CC digits,