Fair and Accurate Credit Transactions Act (FACTA) Policy – 9 Pages – 2100 Words

The policy establishes guidelines to ensure compliance with federal law aimed at protecting consumers against identity theft and ensuring accurate credit reporting. It outlines responsibilities such as recognizing fraud alerts, truncating credit/debit card numbers on receipts, and establishing an identity theft prevention program. Additionally, the policy emphasizes the importance of accurate data furnishing to credit reporting agencies and outlines procedures for dispute resolution and data disposal.