PUBLIC LAW 108–159—DEC. 4, 2003
117 STAT. 1955
‘‘(B) a debit card issuer, in the case of a debit card. ‘‘(2) CREDIT CARD.—The term ‘credit card’ has the same meaning as in section 103 of the Truth in Lending Act. ‘‘(3) DEBIT CARD.—The term ‘debit card’ means any card issued by a financial institution to a consumer for use in initiating an electronic fund transfer from the account of the consumer at such financial institution, for the purpose of transferring money between accounts or obtaining money, property, labor, or services. ‘‘(4) ACCOUNT AND ELECTRONIC FUND TRANSFER.—The terms ‘account’ and ‘electronic fund transfer’ have the same meanings as in section 903 of the Electronic Fund Transfer Act. ‘‘(5) CREDIT AND CREDITOR.—The terms ‘credit’ and ‘creditor’ have the same meanings as in section 702 of the Equal Credit Opportunity Act. ‘‘(s) FEDERAL BANKING AGENCY.—The term ‘Federal banking agency’ has the same meaning as in section 3 of the Federal Deposit Insurance Act. ‘‘(t) FINANCIAL INSTITUTION.—The term ‘financial institution’ means a State or National bank, a State or Federal savings and loan association, a mutual savings bank, a State or Federal credit union, or any other person that, directly or indirectly, holds a transaction account (as defined in section 19(b) of the Federal Reserve Act) belonging to a consumer. ‘‘(u) RESELLER.—The term ‘reseller’ means a consumer reporting agency that— ‘‘(1) assembles and merges information contained in the database of another consumer reporting agency or multiple consumer reporting agencies concerning any consumer for purposes of furnishing such information to any third party, to the extent of such activities; and ‘‘(2) does not maintain a database of the assembled or merged information from which new consumer reports are produced. ‘‘(v) COMMISSION.—The term ‘Commission’ means the Federal Trade Commission. ‘‘(w) NATIONWIDE SPECIALTY CONSUMER REPORTING AGENCY.— The term ‘nationwide specialty consumer reporting agency’ means a consumer reporting agency that compiles and maintains files on consumers on a nationwide basis relating to— ‘‘(1) medical records or payments; ‘‘(2) residential or tenant history; ‘‘(3) check writing history; ‘‘(4) employment history; or ‘‘(5) insurance claims.’’. SEC. 112. FRAUD ALERTS AND ACTIVE DUTY ALERTS.
(a) FRAUD ALERTS.—The Fair Credit Reporting Act (15 U.S.C. 1681 et seq.) is amended by inserting after section 605 the following: ‘‘§ 605A. Identity theft prevention; fraud alerts and active duty alerts ‘‘(a) ONE-CALL FRAUD ALERTS.— ‘‘(1) INITIAL ALERTS.—Upon the direct request of a consumer, or an individual acting on behalf of or as a personal representative of a consumer, who asserts in good faith a suspicion that the consumer has been or is about to become a
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