Fair and Accurate Credit Transactions Act (FACTA)

In an effort to prevent identity theft and credit/debit card fraud, Congress enacted the Fair and Accurate Credit Transactions Act, which provides that "no person that accepts credit cards or debit cards for the transaction of business shall print more than the last five digits of the card number or the expiration date upon any receipt provided to the card holder at the point of the sale or transaction."

Despite having several years to comply with the law, many national and local businesses have failed to act accordingly.

FACTA was part of the Bush administration's war on terror and became effective on December 4, 2004 for newer credit card machines and December 4, 2006 for older machines. Congress allowed businesses several years to bring their equipment into compliance with the law.

Plaintiffs in these lawsuits allege that certain businesses repeatedly and systematically printed statutorily protected and prohibited information on customer receipts at the point of a sale transaction.

What can I do?

If you or a loved one has become a victim of consumer fraud, you may be entitled to compensation. For a free legal consultation, contact us today!