Fair and Accurate Credit Transactions Act

The Fair and Accurate Credit Transactions Act of 2003 (FACTA) is a federal consumer-rights law that was enacted in 2003, amending the Fair Credit Reporting Act. Its primary purpose is to reduce the risk of identity theft by regulating how consumer account information (such as Social Security numbers) is handled. FACTA is enforced by the Federal Trade Commission (FTC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision.

Use this link to download a copy of the Fair and Accurate Credit Transaction Act