Dispose Currency Record For Free

The Rule requires the proper disposal of information in consumer reports and records to protect against ?unauthorized access to or use of the information.? The Federal Trade Commission, the nation's consumer protection agency, enforces the Disposal Rule.

Any business or individual who uses a consumer report for a business purpose is subject to the requirements of the Disposal Rule, a part of the Fair and Accurate Credit Transactions Act of 2003 (FACTA), which calls for the proper disposal of information in consumer reports and records to protect against ?unauthorized

The Disposal Rule requires that persons over which the FTC has jurisdiction who maintain or otherwise possess consumer information for a business purpose 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

The FACTA disposal rule requires businesses to take ?reasonable measures? to protect against unauthorized access to or use of consumers' information. According to the FTC, burning, pulverizing, and shredding are all considered reasonable measures under the disposal rule.

Most bank statements should be kept accessible in hard copy or electronic form for one year, after which they can be shredded. Anything tax-related such as proof of charitable donations should be kept for at least three years.

Methods of Document Destruction Burning Paper in a Fire Pit. ... Soaking Documents in Water and Bleach. ... Composting Sensitive Documents. ... Cutting or Shredding By Hand. ... Attending a Community Shredding Event. ... Hiring a Professional Paper Shredder Service to Destroy Paper and Sensitive Documents.

Shredding is a common way to destroy paper documents and is usually quick, easy and cost-effective. Many retailers sell shredders for use within your office or premises, enabling you to shred and dispose of the documents yourself.