Should You Consult a FACTA Attorney?

Filing a lawsuit over FACTA violations can seem complicated and difficult, but consulting a FACTA attorney can help make the process much simpler. An experienced FACTA attorney who has worked on similar lawsuits in the past will be most beneficial, as they are in the best position to help: in possession of the knowledge and resources to guide you through a successful lawsuit.

With a good FACTA attorney, you should be able to comfortably ask questions, and they will lead you through the strengths and weaknesses of your claims. A FACTA attorney may even offer a free initial consultation for a potential lawsuit, though this is not always the case.

Before finding a FACTA attorney becomes necessary, a consumer must first have discovered FACTA violations on their credit or debit card receipt. Though the rules are actually quite simple, most people are uninformed of the specifics of FACTA rules, and therefore can’t recognize violations when they see them. Being able to recognize FACTA violations can help protect against fraud and identity theft.

Basics of FACTA

The Fair and Accurate Credit Transactions Act, or FACTA, is a set of credit and debit card rules that regulate the private card information printed on a receipt, protecting consumers’ private account information. FACTA works to prevent potential fraudsters from accessing a consumer’s accounts and protect consumers from identity theft.

Those who are familiar with basic FACTA debit card receipt rules are better able to protect their information from fraud and theft, as the information of others may have been exposed as well. Businesses that fully understand these FACTA credit and debit card receipt rules are also better able to protect their customers and avoid potential FACTA lawsuits. Consumers who report violations of FACTA rules may even be eligible for some kind of financial compensation.

The Rules of FACTA

FACTA mandates that businesses follow specific truncation requirements to censor the credit card information printed on their customers’ receipts. If these rules are not followed exactly, businesses have committed a FACTA violation that may lead to penalization.

The first major FACTA rule is that no more than the last five digits of a credit or debit card number may be displayed on receipts, and the rest of the digits must be censored. Displaying fewer than those last five digits is acceptable under FACTA, provided that those numbers are from the last five digits of a card’s number. For instance, since cards consist of four-digit segments, many companies choose to display only the last four digits of a card number to ensure FACTA compliance.

Five digits or fewer taken from elsewhere in the card number may not be displayed. A correctly-censored card number should look like this:

**** **** ***1 2345

or this

**** **** **** 4321

The second major facet of FACTA is that businesses may not print any portion of a card’s expiration date. The date must be totally censored, appearing something like this:

**/**

Filing a FACTA Lawsuit

FACTA offers awards of up to $1,000 per violation of FACTA credit and debit card receipt rules. Proving that a business violated FACTA is fairly simple. Take note of whether or not your receipts follow FACTA regulations for both card numbers and expiration dates. Consulting a FACTA attorney can help you navigate filing a FACTA lawsuit against the business at fault.

Free FACTA Class Action Lawsuit Investigation

If you made one or more purchases and the retailer provided you with a receipt that contained more than the last five digits of your credit or debit card number or the expiration date, you may be eligible for a free class action lawsuit investigation and to pursue compensation for these FACTA violations.

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