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#829476 - 10/05/07 12:31 PM FACT Act Questionq
GorgeS Offline
100 Club
Joined: Apr 2004
Posts: 203
This is what was recommended by an examiner at our latest compliance exam: "Provide training and written procedures that cover the actions required when a credit report includes a fraud alert, an active duty alret, or an address alert. The FACT Act imposes certain requirements in these instances..." Where can I find the "actions required" by the FACT Act? Thanks

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#829519 - 10/05/07 01:38 PM Re: FACT Act Questionq GorgeS
LoisLane Offline
Diamond Poster
LoisLane
Joined: Oct 2001
Posts: 1,570
Wisteria Lane..
Look in the Fair Credit Act, Section 605A to start; you then need to add the procedures you want your employees to follow.
Last edited by LoisLane; 10/05/07 01:39 PM.
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