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MSD FEDERAL CREDIT UNION THE FACT ACT
The Fair Credit Reporting Act (Regulation V), known as the Fair and Accurate Credit Transactions (FACT) Act, Section 217 has been amended and became effective December 01, 2004. NOTICE We may report information about your account to credit bureaus. Late payments, missed payments, or other payment defaults on your account may be disclosed in your credit report. This amendment to section 217 of
the FACT Act is designed to aid in the fight against identity theft, limit
the type and amount of marketing solicitation sent to you, and increase the
accuracy of consumer reports. |
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Last Updated:
February 11, 2005
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