The Fair and Accurate Credit Transactions Act
What is FACTA?
Signed into law on December 4, 2003, the Fair and Accurate Credit Transactions Act (FACTA) is federal legislation aimed at the prevention and penalization of consumer fraud and identity theft. Administered by the Federal Trade Commission (FTC), the FACTA Disposal Rule has been in effect since June 1, 2005. The Disposal Rule puts in place requirements for proper document disposal and destruction and recognizes the problems that can and do arise when private information is disposed of in an irresponsible manner.
Who is affected by FACTA?
FACTA applies to virtually all persons and businesses in the United States, mandating that “any person who maintains or otherwise possesses consumer information, or any compilation of consumer information, for a business purpose must properly dispose of such information by taking reasonable measures to protect against unauthorized access to or use of the information in connection with its disposal.”
Under FACTA, consumer information is defined as personal identifying materials which extend beyond just a person’s name, including:
- A social security number
- A driver’s license number
- A phone number or e-mail address
- A physical address
To comply with the FACTA Disposal Rule, businesses and individuals must take “reasonable measures” to ensure such information does not fall into the wrong hands. Reasonable measures include the “burning, pulverizing, or shredding” of paper documents, such as the contracting of a third-party engaged in the document destruction business to dispose of confidential information in a manner consistent with the Act.
Failure to abide by FACTA may result in stiff penalties. Victims are entitled to actual damages sustained due to incompliance; they may also seek statutory damages, and, in some cases, file class-action suits. Federal and state authorities are also empowered to bring legal enforcement actions against businesses that violate the Act.
Your Partner in Regulatory Compliance
By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company with FACTA shredding services while maintaining a document disposal program that meets FACTA laws. Using state-of-the-art technology, our highly trained and certified security professionals efficiently shred all documents right on your premises. We give you the option to watch the shredding process, and also provide you with a Certificate of Destruction that records each shred. Trust PROSHRED® as your partner in compliance with FACTA shredding requirements for maintaining your document security program.
For more information on the Fair and Accurate Credit Transactions Act (FACTA), visit: Federal Trade Commission
What Are People Saying About PROSHRED®
These are the guys to use!!! I would definitely recommend...
Brock12/20/2016I called ProShred to get rid of some documents after my mother died. The level of professionalism and compassion that was shown to me... read moreI called ProShred to get rid of some documents after my mother died. The level of professionalism and compassion that was shown to me and my family, from the first phone call to the completion of the job, is something that is rarely seen in corporations these days. I pray that ProShred has continued success and which ever charity receives their services, know that you are going to get quality work. read less
TashaJuanna11/25/2015-
Pro Shred always goes beyond the call of duty to keep everyone happy. Their service is excellent!
Vincent1/28/2019 -
PROSHRED’S service was great! I should have used them a long time ago. The driver was on time, courteous, and professional.I highly recommend... read morePROSHRED’S service was great! I should have used them a long time ago. The driver was on time, courteous, and professional.I highly recommend PROSHRED if you have a lot of stuff to purge. They came to the house, which was very convenient for me.Thanks!!! read less
Russell2/08/2019 ProShred is reliable, efficient and gets the job done. They are affordable and took care of all my needs. We were able to... read moreProShred is reliable, efficient and gets the job done. They are affordable and took care of all my needs. We were able to reorganize and properly discard documents so that information was securely destroyed. We have already set up another date for shredding. Great service and friendly employees. read less
Stacey5/14/2018-
My husband, Stephen, took a huge bag. They're great! Fast...reasonably priced. Will definitely use them again.
Nancy8/03/2019 ProShred just came to my house and shredded every document I've been collecting since 1994. Extremely friendly, efficient, and reasonably priced! I will definitely be... read moreProShred just came to my house and shredded every document I've been collecting since 1994. Extremely friendly, efficient, and reasonably priced! I will definitely be using this service again. Highly recommend! read less
Natalie10/17/2018The greatest company very pleasant customer service. Made my appointment,received a follow-up call with delivery time. I was given a 2 hour window and they... read moreThe greatest company very pleasant customer service. Made my appointment,received a follow-up call with delivery time. I was given a 2 hour window and they arrived very early within that window. The two men who came were incredibly kind and very fast. I will recommend Proshred Security to everyone one. Thanks for putting my mind at ease when getting rid of my personal documents. read less
Carol11/28/2016I cannot provide enough positive feedback regarding ProShred Arizona. Patty, Joe, and the entire Proshred Arizona team consistently exceeding expectations. Proshred Arizona also... read moreI cannot provide enough positive feedback regarding ProShred Arizona. Patty, Joe, and the entire Proshred Arizona team consistently exceeding expectations. Proshred Arizona also regularly supports community causes. I highly recommend working with Proshred Arizona for all of your document destruction and shredding needs. read less
Jason2/04/2014Very professional and good rates. We have use their services a couple of times and have been very happy.
Becky7/10/2017After calling four companies to compare shredding services, two of which never returned my call I spoke to Adria at ProShred. Based on the... read moreAfter calling four companies to compare shredding services, two of which never returned my call I spoke to Adria at ProShred. Based on the friendly, courteous and informative customer service, along with the inexpensive quote we scheduled an appointment. We were able to schedule within days of my initial call. The employee who handled the shredding was very professional. We will definitely be contacting ProShred for all of our shredding needs in the future. Thank you so much for the great service. read less
Annette1/26/2017Pleasant, Great Company, Trust Worthy, enjoy the peace of mind knowing that our sensitive materials are in good hands!
Eddie7/07/2017Everyone at proshred is professional and caring! They are a great example of how everyone should run their business! Try them and see for yourself... read moreEveryone at proshred is professional and caring! They are a great example of how everyone should run their business! Try them and see for yourself as everyone who owned a business needs the service they provide! read less
Wendy7/16/2017Just used Proshred services for the second time!! They are quick, easy to work with and very efficient. Love that I get to see the... read moreJust used Proshred services for the second time!! They are quick, easy to work with and very efficient. Love that I get to see the destruction of documents. Cannot wait to use them again next year!! read less
Kelly8/02/2017-
Jim is amazing. He always give me the dates I need for destruction, he is always so helpful with all my staff and customers. ... read moreJim is amazing. He always give me the dates I need for destruction, he is always so helpful with all my staff and customers. His drivers and shredders are courteous helpful and extremely hard working. Mike in his office is dependable and helpful. Great service team would 100 percent recommend him to everyone. read less
Mary9/25/2019
