[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR642.1]

[Page 533]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 642_PRESCREEN OPT-OUT NOTICE--Table of Contents
 
Sec. 642.1  Purpose and scope.




Sec.
642.1 Purpose and scope.
642.2 Definitions.
642.3 Prescreen opt-out notice.
642.4 Effective date.

    Authority: Pub. L. 108-159, sec. 213(a); 15 U.S.C. 1681m(d).

    Source: 70 FR 5032, Jan. 31, 2005, unless otherwise noted.


    (a) Purpose. This part implements section 213(a) of the Fair and 
Accurate Credit Transactions Act of 2003, which requires the Federal 
Trade Commission to establish the format, type size, and manner of the 
notices to consumers, required by section 615(d) of the Fair Credit 
Reporting Act (``FCRA''), regarding the right to prohibit (``opt out'' 
of) the use of information in a consumer report to send them 
solicitations of credit or insurance.
    (b) Scope. This part applies to any person who uses a consumer 
report on any consumer in connection with any credit or insurance 
transaction that is not initiated by the consumer, and that is provided 
to that person under section 604(c)(1)(B) of the FCRA (15 U.S.C. 
1681b(c)(1)(B)).