Public Comment on Data, Studies, or Other Evidence Related to the Effects of Credit Scores and Credit-Based Insurance Scores on the Availability and Affordability of Financial Products
The Fair and Accurate Credit Transactions Act of 2003 (``FACT Act'') or ``Act'') requires the Federal Trade Commission (``FTC'' or ``Commission'') and the Federal Reserve Board (``Board'') to conduct a study on the effects of credit scores and credit-based insurance scores on the availability and affordability of financial products. These products include credit cards, mortgages, auto loans, and property and casualty insurance. As part of its efforts to fulfill its obligations under the Act, the FTC seeks public comment on any evidence the FTC and the Board should consider in conducting the study.
Delegation of Authority To Respond to Requests From Mexico's Procuraduria Federal del Consumidor
The Commission has delegated authority to the Associate Director for International Consumer Protection to respond to disclosure and other requests from Mexico's Procuradur[iacute]a Federal del Consumidor (Profeco) pursuant to a memorandum of understanding with the Commission.