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What is the Fair Credit Reporting Act and why is it mentioned in the GLB privacy notice?

April 26, 2017ACT credit fair GLB mentioned Notice privacy

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What is the Fair Credit Reporting Act and why is it mentioned in the GLB privacy notice?

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The Fair Credit Reporting Act is a federal law that has been in effect for years. Like GLB, it addresses the sharing of consumer information. We are currently required to mention the Fair Credit Reporting Act in our GLB privacy notice.