https://padlet.com/saja_faisal/atfqcv3bmnsc Credit Card Recording Act (1993) en-us 2018-02-12 18:33:56 UTC 2018-02-12 23:47:13 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Templeball.png saja_faisal https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230861865 This law was developed to protect consumers private financial information when being used by sellers. This allows for consumers to trust the organization they are using and allows for ease of using credit cards. This opened up regulation like how banks must notify consumers of a breach within 30 days (Page 10 Consumer Protection Laws and the FTC video).]]> 2018-02-12 23:06:52 UTC https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230861865 saja_faisal https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230864143 It makes a law that credit card account numbers, social security numbers, or telephone numbers are recorded for a legitimate business purpose, and does not allow for sharing it or charging for services not agreed upon (Page 10, Consumer Protection Laws and the FTC video).

]]> 2018-02-12 23:22:55 UTC https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230864143 saja_faisal https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230865058 I chose this law because it is a fundamental law necessary in order to use advanced tools like credit cards. If this was not in place, then I would not use credit cards/public services out of fear of theft that receives no consequences. This law creates trust between companies and their consumers allowing for easy living.]]> 2018-02-12 23:28:31 UTC https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230865058 saja_faisal https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230866873 Incase this law is breached, Americans can get free access to their credit score, a warning system that informs about fraud so that Americans can act fast (Page 10, Consumer Protection Laws and the FTC video).]]> 2018-02-12 23:41:49 UTC https://padlet.com/saja_faisal/atfqcv3bmnsc/wish/230866873