The Fair and Accurate Credit Transactions Act
FACTA enacted a number of consumer protections.
It required truncation of credit and debit card numbers, so that receipts do not reveal the full credit or debit card number.
It gave consumers new rights to an explanation of their credit
scores.
It also gave individuals the right to request a free annual credit report from each of the three national consumer credit agencies Equifax, Experian and TransUnion.
Along with other identity theft protections, FACTA required regulators to promulgate a Disposal Rule and a Red Flags Rule.
All merchants are required to partially mask credit card numbers on receipts and transaction records, and Social Security numbers must be similarly redacted by consumer request. Any users of credit records must dispose of paper and electronic records when no longer needed. FACTA also requires higher standards and more disclosure from CRAs to ensure that information is accurate and to tell consumers specifically how they calculate credit scores.
FACTA amended FCRA, which already had a right to correct inaccurate reporting. The answer is B, on page 227 of the book the first consumer protection listed is truncation if credit and debit card numbers on receipts.
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