Wednesday, July 22, 2009

Companies Offering Services In and Around the Home

If you are running a business serving residential customers, you should be aware of this Article from the FTC:

The Red Flags Rule: Compliance Tips for Companies Offering Services In and Around the Home

...businesses must review their billing and payment procedures to determine if they’re covered by the Red Flags Rule. Whether the law applies to you isn’t based on the kind of business you’re in, but rather on whether your activities fall within the law’s definition of two key terms: “creditor” and “covered account.”
http://www.ftc.gov/bcp/edu/pubs/articles/art15.shtm

No comments:

Welcome

Welcome to my blog. The primary purpose of this Blog is to provide links to source material that I may have quoted in a presentation or training or researched in answer to a question I have been asked.

I hope this site helps you share this information with others and/or conduct your own research. Please contact me with any questions. Thank you for visiting.