Red Flag Compliance Deadline Extended

The Federal Trade Commission announced that “creditors” will not have to worry about fines associated with non compliance with Red Flag Rules until May 1st 2009. A creditor is defined as any entity that extends, renews, or continues credit and any entity that regularly arranges for the…

The Red Flag Deadline is Approaching

Although Red Flag Rules were created to protect against identity theft, are some types of businesses more affected then others? In previous blogs I wrote about how merchants are not getting a fair shake when it comes to these rules, and many law suits have been…