The FACT Act has changed the way consumer finance law should be practiced. Find out what the law means to your practice - and how to use it to your advantage. Putting the New Fair and Accurate Credit Transaction Act of 2003 Into Practice is your one-stop resource for understanding and implementing the FACT. And, for easy reference, full text of the Act is provided.

From the publisher of Consumer Financial Services Law Report, this valuable resource explores:

• The reauthorization of the Fair Credit Reporting Act
• Practitioners' perspective on compliance strategies
• Key consumer protection provisions
• Preemption problems
• And more!

You find out principle changes to the Fair Credit Reporting Act - and potential problem areas, as well as the FACT's impact on preexisting state laws - particularly those dealing with privacy and identity theft laws. Plus, you get key insights from Sen. Robert Bennett, the ranking senator who supported the law’s passage.