<Li> A third that places special requirements on issuers of debit or credit cards to assess the validity of a change of address if they receive notification of a change of address for a consumer's debit or credit card account and, within a short period of time afterward they receive a request for an additional or replacement card for the same account . </Li> <P> Another key item was the requirement that mortgage lenders provide consumers with a Credit Disclosure Notice that included their credit scores, range of scores, credit bureaus, scoring models, and factors affecting their scores . This form is typically available from credit reporting agencies, and many will send this directly to the consumer on the lenders' behalf . </P> <P> Financial institutions faced a mandatory deadline of November 1, 2008, to comply with the Red Flags Rule, section 114 and 315 of the Fair and Accurate Credit Transactions (FACT) Act . However, due to widespread confusion over coverage under the act, specifically whether the term "creditor" applies to particular businesses, members of Congress repeatedly requested that FTC postpone the deadline for compliance with Section 315 until after December 31, 2010 . </P> <P> According to a Business Alert issued by the Federal Trade Commission in June 2008, the Red Flags Rule applies to a very broad list of businesses including "financial institutions" and "creditors" with "covered accounts". A "creditor" is defined to include "lenders such as banks, finance companies, automobile dealers, mortgage brokers, utility companies and telecommunications companies". However, this is not an all - inclusive list . </P>

Who regulates the fair and accurate credit transaction act