Court Upholds FTC Ban on Sharing Credit Info
A federal district court judge has upheld FTC-imposed restrictions on the sale of personal financial information. The court held that credit bureaus and data brokers must gain individuals� express consent before selling names, Social Security numbers, phone numbers, and other information from credit records.IRSG v. FTC, (PDF 1.9MB) District Court Opinion, EPIC Web Site.
Federal Court Upholds FTC Ban On Sale of Personal Credit Data, Wall Street Journal, May 8, 2001 (subscription required).
FTC Can Restrict the Use of Consumer Data, Judge Rules, The Standard, May 7, 2001.
