Check Your Receipts! You May Have A Case!
The Fair and Accurate Credit Transactions Act
In 2003, Congress passed the Fair and Accurate Credit Transactions Act (“FACTA”) to help protect consumers against identity theft. FACTA requires merchants to print no more than the last five digits of your card number on the receipt given to you at the time of the sale.
If you look at a receipt given to you, your card number should look something...
Using Consumer Statutes To Combat Identity Theft
Imagine waking up one morning to find that your savings account has been emptied out or reviewing your credit card statement and seeing thousands of dollars in unfamiliar charges. Then your bank or credit card company acts like it’s your fault. Don’t let them get away with it.
Identity theft occurs far too often to consumers. And banks and credit card companies are far too eager to let the...