THE FACT ACT Fair Credit Reporting

MSD FEDERAL CREDIT UNION

700 WEST LIBERTY STREET
LOUISVILLE, KY 40203-1911
502-540-6213, 502-540-6338

THE FACT ACT  Fair Credit Reporting

The Fair Credit Reporting Act (Regulation V), known as the Fair and Accurate Credit Transactions (FACT) Act, Section 217 has been amended and became effective December 01, 2004.

NOTICE

We may report information about your account to credit bureaus. Late payments, missed payments, or other payment defaults on your account may be disclosed in your credit report.

This amendment to section 217 of the FACT Act is designed to aid in the fight against identity theft, limit the type and amount of marketing solicitation sent to you, and increase the accuracy of consumer reports.