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Among other things, these standards must facilitate lender and information system compliance with the provisions of the FCRA and its implementing regulations concerning the accuracy of information furnished.
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The Bureau seeks comment in particular on whether the readability and privacy concerns for email are outweighed by concerns that requiring consumers to click through to the Web site to access the full notice information will make it less likely that consumers receive the full benefit of the information.
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In 2010 a campaign organised by pressure group Compass to "end legal loan sharking" and apply interest rate caps in the "high cost credit sector" saw over 100 MPs sign an in September 2010, and over 200 by April 2011.
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