Consumer and Government Guides

Consumer Guides

Government  Guides

Consumer News

Consumer Guide
Index

Consumer Guides
Home

Submit Government Guide

Submit Article
Consumer News Articles on
Products and Services

Submit Press Release

Copywriting Services

Obama Administration
Initiatives

Download the
Stimulus Package

The American Recovery
and Reinvestment Act of 2009


Mortgage Modification
 

Auctions

Auction Houses

Internet Auctions

Adoption

Adoption Professionals

Adoption Record Access

Single Parent Adoption

Auto

Automobiles

Auto Directory

Auto Finance

Auto Insurance

Auto Leasing

Auto Auctions

Hybrids (HEV)

Biology

Human Genome Project

Business

Franchises

Business Transportation
Directory

Presidential Address:
Women's Small Business 
Owners

Jobs & Growth Act 2003

Investment Capital

Loan Request Documentation

Merchant Account Comparison

Cell Phones

Cell Phone Info

Computer

Broadband

Data Centers

E-Commerce Tips

Computers & Energy Star

Computer Shopping Page

Wifi Wireless Fidelity

Free Wifi

Consumer News Articles

Consumer News Articles

CD Manufacturing Services

Clean Energy Systems

Cosmetic Surgery and Financing

Costopedia

Forklift Batteries

LASIK Procedures and Costs

Organic Baby Furniture

Culture

Hispanic Heritage Month

Customer Service
Profiles

Profile Samples

Digital Photography

Digital Photography
Gov sites - Jobs

Disabilities

National Disability Employment 
Awareness Month

New Freedom Initiative

FAQ's Disabilities and Work

Workforce Investment Act

Disaster Help

Guide to help
Rebuild Your Home

DVD's

Guide to DVD's

Earthquakes

Preparation, Survival

Electronics

HDTV

Employment

Interviewing

Accountants & Analysts

Administrative Service Managers

Budget Analysts

Construction Managers

Cost Estimators

Employment Interviewers

Engineering, Science, Computer
Systems Managers

Financial Managers

Job Training Initiative

Purchasers / Buyers

Education

Graduate Degrees

Distance Learning

Types of Colleges

Educational Software
Distributors

Original Educational
Software
Initiative by
President Bill Clinton

Energy

Biomass

Buying Clean Electricity

Energy Star

Geothermal

Hydrogen Fuel Cells

Hydropower

Solar

Wind Power

Zero Energy Buildings

Energy Star Technology

Energy Star Homes
FAQ's

Presidential Energy Address
April 2005

Computer Buyers Guide

Energy Star

Spectrally Selective
Low-E Glass

Fashion

Women's Clothing

Financial

Accept Credit Cards

Actividades Bancarias

Bankcruptcy

Capital Access
Grants, Loans

Check 21

Check 21 FAQ

Consumer Credit

Credit Cards

Currency & Coins

Currency: Buying, Selling
Redeeming

E-Commerce Associations
Directory

Electronic Banking

FDIC Insurance

Fair and Accurate Credit
Transaction Act of 2003

Forex Brokerages Directory:

Merchant Accounts

Merchant Account Services
Costs and Fees

Money & Credit Cards

Payment Processing

Stock Market Basics

Fishing

Fishing Guide

Government Info

Government Grant Info

Global Warming Facts

Homeland Security

Preparing America

U.S. Immigration and Visas   

Health

Hospital Comparison

Health Insurance
HIPPA
Government Health Guides

What is Influenza? (Flu)

Identity Theft

Consumer Confidential: 
The Privacy Story

New Law Signed
By President Bush

Information

Information Bank

Insurance

Life Insurance

Long Term Care
 

Jets: Private

Business Aircraft

Cessna

Eclipse 500

Lear

Jewelry

Jewelry Guide

Precious Stones

Legal Guides

Legal Resources

Legal News

Machinery

Farm, Food Processing
Packaging

Marriage

Marriage and Health

Marriage and Teen Attitudes

Happy vs. Unhappy
Marriage and Health

Recipe for Happy Marriage

Sleep and Marriage Study

Medicare

Medicare FAQ's

The Medicare Prescription 
Drug Improvement and 
Modernization Act of 2003

Patents & Trademarks

Patents, Trademarks, Copyrights

Real Estate

100 Q & A's of
Home Buying

American Dream 
Downpayment Act 

Geiss Custom Builders

Pardee Homes

Fair Housing Quiz
(HUD)

Financing Energy
Efficient Homes

Home Buying

Home Buying FAQ

Home Buying
Glossary

Home Buying Loans

Home Mortgage
Insurance

Manufactured Homes

Mortgage Refinance

Selling Your Home

Ten Tips For Home Buyers

Real Estate Directories

Sustainable Design:
Energy Efficient Homes

Soccer

Soccer.com
Free Soccer Posters
Shopping

Specialty Directories

Offshore Directories

Real Estate Directories

Featured Directories

Taxes

Tax Tips

Bush Tax Cut

Technology

Data Centers

Megosearch

Nanotechnology


Time

Correct Time

Toxicology

Asbestos Issues

Legislative 

Sen. Bill Frist 

Sen. Hatch

Sen. Murray

Analysis - 
Asbestos Information Act of 1988
H.R. 5442

Benzene

Travel

Tips For Women
Traveling Alone

U.S. Immigration and Visas

State Department Travel Tips

Other Online Guides

e-Commerce

Shopping  

________
Disclaimer

Contact

 

 

Consumer Debt - Consolidate Debt, 
Consumer Credit Counseling Services (CCCS)
Help and Tips to Repair Your Credit 

A Window of Opportunity for the Informed Consumer

Fact Sheet: President Bush Signs the Fair and Accurate Credit Transactions Act of 2003

Todays Presidential Action

  • December 4, 2003 at the White House, the President signed into law the Fair and Accurate Credit Transactions Act of 2003, ensuring that all citizens are treated fairly when they apply for a mortgage or other form of credit.
  • The legislation will provide consumers, companies, consumer reporting agencies, and regulators with important new tools that expand access to credit and other financial services for all Americans, enhance the accuracy of consumers financial information, and help fight identity theft. These reforms make permanent the uniform national standards of our credit markets, and institute new, strong consumer protections.

Background on Todays Presidential Action

The Fair and Accurate Credit Transactions Act of 2003 will accomplish the following key Administration priorities to help ensure that all Americans, of every income level and background, are able to build good credit and confront the problem of identify theft:

  • Ensuring that lenders make decisions on loans based on full and fair credit histories, and not on discriminatory stereotypes. In 1996, uniform national standards were established to set clear rules on what credit agencies were entitled to include in individual credit reports, and now more than a million Americans have credit as a result. This legislation makes those national standards permanent.
  • Improving the quality of credit information, and protecting consumers against identity theft.
    • Giving every consumer the right to their credit report free of charge every year. Consumers will be able to review a free report every year for unauthorized activity, including activity that might be the result of identity theft.
    • Helping prevent identity theft before it occurs by requiring merchants to leave all but the last five digits of a credit card number off store receipts. This law will make sure that slips of paper that most people throw away do not contain their credit card number, a key to their financial identities.
    • Creating a national system of fraud detection to make identity thieves more likely to be caught. Previously, victims would have to make phone calls to all of their credit card companies and three major credit rating agencies to alert them to the crime. Now consumers will only need to make one call to receive advice, set off a nationwide fraud alert, and protect their credit standing.
    • Establishing a nationwide system of fraud alerts for consumers to place on their credit files. Credit reporting agencies that receive such alerts from customers will now be obliged to follow procedures to ensure that any future requests are by the true consumer, not an identity thief posing as the consumer. The law also will enable active duty military personnel to place special alerts on their files when they are deployed overseas.
    • Requiring regulators to devise a list of red flag indicators of identity theft, drawn from the patterns and practices of identity thieves. Regulators will be required to evaluate the use of these red flag indicators in their compliance examinations of financial institutions, and impose fines where disregard of red flags has resulted in losses to customers.
    • Requiring lenders and credit agencies to take action before a victim even knows a crime has occurred. With oversight by bank regulators, the credit agencies will draw up a set of guidelines to identify patterns common to identity theft, and develop methods to stop identity theft before it can cause major damage.

This legislation gives consumers unprecedented tools to fight identity theft and continued access to the most dynamic credit markets in the world. With a free credit report and powerful new tools to fight fraud, consumers have the ability to better protect themselves and their families.



Other
Sources: Consumer Credit & Debt Issues

____________________________________________

Table of Contents

Consumer Loan Basics

Your Rights: Debt Collection

A debt collector may not...

Payday And Tax Refund Loans

Home Equity Loans

Lost and Stolen Debit/
Check Cards and Stored-Value Cards

Credit Billing Disputes

Out of Control Debt

Negative Information on Credit Reports

Source: General Services Administration

 

Fair and Accurate Credit Transactions Act of 2003

Source: Whitehouse Press Release

 

Search This Site 

 

Google

 

Web www.consumer-guides.info

Free Samples
Music Reaches...
Crossbridge Christian Music
on iTunes

 

 

 

 

 

 

 

 

 

 

 

© 2004 Consumer Guides at consumer-guides.info (Consumer Debt)