Pre-approved credit card offers must provide with each written solicitation a clear and conspicuous statement that a credit reporting agency was the source of the information and that the consumer can opt out. The follow form is an example of such a notice.
New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of: In compliance with New Mexico state law, credit card issuers are required to provide a Notice to Accompany Credit Card Offer — Right to Prohibit Use of, also known as the New Mexico Credit Card Prohibition Notice. This notice informs credit card recipients about their right to prohibit the use of credit cards in certain circumstances to protect themselves against potential fraud and unauthorized charges. There are two types of New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of: 1. New Mexico Consumer Credit Card Prohibition Notice: This type of notice is intended for individual consumers who are offered a credit card. It aims to inform cardholders about their rights and options to restrict the use of their credit cards. The notice highlights how cardholders can protect themselves from unauthorized charges by following the prescribed procedures. 2. New Mexico Business Credit Card Prohibition Notice: Designed specifically for business entities, this notice serves to educate business owners about their rights when it comes to prohibiting the use of company credit cards. It outlines the procedures and requirements for implementing restrictions to safeguard the business against potential fraudulent activities. The New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of typically contains the following information: 1. Purpose and Intent: The notice starts by explaining its purpose, which is to inform and empower credit card recipients about their right to prohibit the use of their credit cards under specific circumstances. 2. Explanation of the Right to Prohibit Use: The notice provides an overview of the circumstances under which cardholders can exercise their right to prohibit the use of their credit cards. This may include instances such as suspected fraud, theft, or unauthorized charges. 3. Procedures for Prohibiting Use: The notice explains the steps cardholders need to follow in order to enforce the prohibition. This may involve contacting the credit card issuer's customer service, providing relevant evidence or documentation, and filing a formal request to initiate the prohibition process. 4. Timeframe and Effectiveness: This section outlines the timeframe within which the credit card issuer must respond to the cardholder's request and implement the prohibition. It may also clarify the duration of the prohibition and the process for lifting the restriction once it has been imposed. 5. Contact Information: The notice includes the necessary contact details of the credit card issuer's customer service or relevant departments, allowing cardholders to easily reach out for assistance or further information. By providing the New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of, credit card issuers ensure that New Mexico residents are well-informed about their rights and have the necessary tools to protect themselves from potential credit card fraud or unauthorized charges.New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of: In compliance with New Mexico state law, credit card issuers are required to provide a Notice to Accompany Credit Card Offer — Right to Prohibit Use of, also known as the New Mexico Credit Card Prohibition Notice. This notice informs credit card recipients about their right to prohibit the use of credit cards in certain circumstances to protect themselves against potential fraud and unauthorized charges. There are two types of New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of: 1. New Mexico Consumer Credit Card Prohibition Notice: This type of notice is intended for individual consumers who are offered a credit card. It aims to inform cardholders about their rights and options to restrict the use of their credit cards. The notice highlights how cardholders can protect themselves from unauthorized charges by following the prescribed procedures. 2. New Mexico Business Credit Card Prohibition Notice: Designed specifically for business entities, this notice serves to educate business owners about their rights when it comes to prohibiting the use of company credit cards. It outlines the procedures and requirements for implementing restrictions to safeguard the business against potential fraudulent activities. The New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of typically contains the following information: 1. Purpose and Intent: The notice starts by explaining its purpose, which is to inform and empower credit card recipients about their right to prohibit the use of their credit cards under specific circumstances. 2. Explanation of the Right to Prohibit Use: The notice provides an overview of the circumstances under which cardholders can exercise their right to prohibit the use of their credit cards. This may include instances such as suspected fraud, theft, or unauthorized charges. 3. Procedures for Prohibiting Use: The notice explains the steps cardholders need to follow in order to enforce the prohibition. This may involve contacting the credit card issuer's customer service, providing relevant evidence or documentation, and filing a formal request to initiate the prohibition process. 4. Timeframe and Effectiveness: This section outlines the timeframe within which the credit card issuer must respond to the cardholder's request and implement the prohibition. It may also clarify the duration of the prohibition and the process for lifting the restriction once it has been imposed. 5. Contact Information: The notice includes the necessary contact details of the credit card issuer's customer service or relevant departments, allowing cardholders to easily reach out for assistance or further information. By providing the New Mexico Notice to Accompany Credit Card Offer — Right to Prohibit Use of, credit card issuers ensure that New Mexico residents are well-informed about their rights and have the necessary tools to protect themselves from potential credit card fraud or unauthorized charges.
