Red Flag Rules That Retailers Must Obey
Tags: affordable insurance, banking, corporation, credit, employees, Identity Theft, insurance, law, legislation, loan, manager, personal finance, retail, sales, salesman
, Posted in: affordable insurance, Author: Mallory Megan (August 19, 2010)
, Posted in: affordable insurance, Author: Mallory Megan (August 19, 2010)
Beginning November First of 2009, financial institutions and other creditors were told to comply with the Red Flag provisions of the Fair and Accurate Credit Transactions Act of 2003. The purpose of the Red Flag rules is to prevent and alleviate identity theft. Identity theft might be defined as any fraud involving people getting particular benefits by pretending to be someone else.