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FTC Safeguards Rule Deadline Extended, But Don’t Wait to Implement Data Security Compliance Protocols

Fraser

The Federal Trade Commission recently extended the deadline , from December 9, 2022, to June 9, 2023, for compliance with the most stringent requirements of its latest rulemaking, revisions to the Safeguards Rule under the Gramm Leach Bliley Act (“the GLBA”).

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FTC Extends Deadline for Compliance With Safeguards Rule

Troutman Sanders

As we previously posted , on January 10, the Federal Trade Commission’s (FTC) final rule amending the Safeguards Rule under the Gramm-Leach-Bliley Act became effective. The deadline for complying with certain provisions of the Standards for Safeguarding Customer Information (Safeguards Rule) has been extended to June 9, 2023.

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5 Best Credit Repair Companies – Updated April 2022

Better Credit Blog

Since you are more of a participant in the process, you’ll have a better understanding of your individual situation when you reach out to a credit repair company. Tax liens : Whether local, state, or federal, a tax lien from the government can put a huge dent in your credit profile for the foreseeable future.

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Credit card debt is surging at a record-high rate

Collection Industry News

Credit card balances grew to $856 billion in the fourth quarter of 2021, up $52 billion (6.5%) from the previous quarter. That’s the largest quarterly increase observed since the NY Fed began collecting this data 22 years ago. Outstanding credit card debt is still about 7.7% WILL A NEW CREDIT CARD AFFECT MY MORTGAGE APPLICATION?

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Seven Ways to Get Out of Debt in 2022

Better Credit Blog

Debt is the amount of money you owe to a lender or creditor. Some examples of debt are mortgages, credit card dues, and personal loans. If you have a low credit score, it’s harder to borrow, and you could pay higher interest rates to counter the financial risk you pose to creditors and lenders. What is Debt?