FTC Seeks Input Regarding Risk-Based Pricing Rule
By EsqSocial Corporation 27/10/20
The FTC published a notice of proposed rulemaking that narrows the scope of the Risk-Based Pricing Rule to correspond to changes made to FCRA by the 2010 Dodd-Frank Act. Specifically, the proposal would amend the Risk-Based Pricing Rule, which requires those who use information from a consumer report to offer less favorable terms to consumers to provide them with a notice about the use of such data, to reflect that the rule applies only to entities that are predominantly engaged in the sale and...
By: Weiner Brodsky Kider PC