|Received:||4/21/2004 8:00:00 AM|
|Agency:||Federal Trade Commission|
|Rule:||FACTA Free Reports Proposed Rule|
To the FTC, RE FACTA Free File Disclosures Proposed Rule, Matter No. R411005
Faster free reports, with a privacy guarantee
To the FTC:
I urge you to make annual free credit reports available more quickly to all Americans, rather than delaying
access to most of the country at the unjustified request of the credit bureaus.
Also, the rule should make clear that information is only collected to verify identity. Many consumers, including
me, don't think it is fair to give up personal information to take advantage of an important new federal right to a
free credit report.
Ultimately this issue comes to down to whether you are willing to do your jobs and protect the American
people from predatory tactics by these companies. It will only make the general atmosphere more unpleasant
if people keep getting taken advantage, not to mention the fact that enforcement of the rules, and
implementation of more effective rules, becomes more difficult each time you give in to industry pressure.