FACT Act: Identity Theft Red Flags and Address Discrepancies

The Identity Theft Red Flags and Address Discrepancy Rules require all users of credit reports to take certain actions whenever a credit report contains a notice of an address discrepancy. The rules also require all creditors, and those that regularly arrange for credit to be provided, to establish policies and procedures to protect against identity theft. 

The final rules were published by all of the Federal banking agencies and the FTC on November 9, 2007 as part of a joint rulemaking.

To learn the details about these requirements, see the Identity Theft Red Flags FAQs (PDF: 156KB)

When did the rules go into effect?

November 1, 2008

Who can I call for more information? 

The FTC Bureau of Consumer Protection, Division Privacy and Identity Protection, can be reached at 202.326.2252. 

At NAR, you may contact: 
Scott Rinn
Business Issues Policy Representative, Regulatory and Industry Relations  
ph: 202.383.7508
srinn@realtors.org

Where can I find the rules?

FTC Rule in the Federal Register, 72 Fed. Reg.63718 (PDF: 380KB)