The Fair and Accurate Credit Transaction Act of 2003 replaced the Federal Fair Credit Reporting Act by adding laws directed towards helping consumers protect themselves against identity theft.

Question

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The Fair and Accurate Credit Transaction Act of 2003 (FACTA) amended the Federal Fair Credit Reporting Act, rather than replacing it, by adding new provisions to assist consumers in protecting themselves from identity theft.

The Fair and Accurate Credit Transaction Act of 2003 Replaced