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By purging outdated files or placing one of our locked security consoles in your office, PROSHRED® can assist your company with FACTA shredding services while maintaining a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®
The 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
Carol11/28/2016Been using their services for over a year and am always impressed by the level of professionalism exhibited. Always prompt, always on-time, always courteous, and... read moreBeen using their services for over a year and am always impressed by the level of professionalism exhibited. Always prompt, always on-time, always courteous, and always fair in pricing. What more can one ask in a service? They are simply the best shredding company one can use - bar none! read less
John G Kaleel12/05/2018Thank you for taking care of my client's documents on site. Easy to schedule, on time and courteous!
Gabrielle2/08/2017Proshred is awesome, customer service was a delight
Zach12/21/2017Proshred is a great company to work with. It is very affordable for the quality of service. I would highly recommend them!
Megan Miller12/05/2014PROSHRED did a fantastic job at shredding and protecting our documents. I worked with Dennis and he gave us a more than fair quote.... read morePROSHRED did a fantastic job at shredding and protecting our documents. I worked with Dennis and he gave us a more than fair quote. He was also able to work with us on short notice. The employees that came out to do the shredding were very prompt and professional. I would highly recommend PROSHRED for all your shredding needs.Thank you PROSHRED for making my job easier.Sue ArmstrongTransportation Repairs and Services read less
SUE ARMSTRONG12/05/2016Pro Shred was awesome. Our service tech, Robert, was fantastic. He was professional and did a wonderful quick job. We have used... read morePro Shred was awesome. Our service tech, Robert, was fantastic. He was professional and did a wonderful quick job. We have used this company several times and would highly recommend them. read less
Trish10/03/2018We have been using pro-shred for several years. They are always on time and do a great job. They are also much more cost... read moreWe have been using pro-shred for several years. They are always on time and do a great job. They are also much more cost effective than some of the other services in the area. I highly recommend Proshred! read less
Nate Olson12/05/2016Everyone 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
Wendy7/16/2017Emmanuel is professional, friendly and a fast worker. Thank you for great service!
Jim7/20/2017We have used Proshred in the past for a small amount of documents. They were very professional, efficient and friendly. I look forward to using... read moreWe have used Proshred in the past for a small amount of documents. They were very professional, efficient and friendly. I look forward to using them again for future shredding needs. read less
Rosa Dolan12/05/2014Proshred is fast and reliable. Definitely worry free of all your documents to be shredded. I have recommemded them to my friends.
Miel Dolot12/05/2014Great service have been very satisfied, thank you!
Walter Sheldon12/05/2016PROSHRED is perfect for our small business. Excellent service. Very affordable. Friendly Staff. We highly recommend them.
Wendy10/30/2017The best place to do your paper shredding and electronics destruction.
John Callaghan12/05/2017
