Asked by Mashudu Daniel Rambau on Apr 25, 2024

The Fair and Accurate Credit Transactions Act (FACT Act)attempts to address the identity theft epidemic.

FACT Act

The Fair and Accurate Credit Transactions Act (FACT Act) is a U.S. legislation aimed at enhancing the accuracy of consumers' credit-related information and giving consumers more ability to combat identity theft.

Identity Theft

Using a computer to steal confidential information to clean out a person’s bank account, to run up credit card debt, to divert cash transfers, and to disrupt the financial and personal life of the victim.

Identify the legal framework addressing identity theft and consumer protection under the FACT Act.

Learning Objectives

Identify the legal framework addressing identity theft and consumer protection under the FACT Act.

The Fair and Accurate Credit Transactions Act (FACT Act)attempts to address the identity theft epidemic.

Definitions

Learning Objectives

Learning Objectives

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