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Many of our customers use our branded-credit cards for purchases at our store. Am I a creditor and are the customers credit card accounts covered accounts?

April 26, 2017accounts cards Covered credit card Creditor customers purchases store

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Many of our customers use our branded-credit cards for purchases at our store. Am I a creditor and are the customers credit card accounts covered accounts?

1 Answer

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Yes to both questions. You are a creditor and the credit card accounts are covered. You need a Red Flags Program. Fast.