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Financial institutions have until July 1, 2001, to send privacy notices to their customers. The notices are required by the Financial Services Modernization Act, also known as the Gramm-Leach-Bliley Act or GLB.

"Because we value your privacy.. we may sell your personal financial information." Does this make sense? Of course, not. But, that is precisely the message many banks and other financial companies are now sending to their customers. Read More

By Mark Hochhauser, Ph.D.
Readability Consultant
Copyright 2001 by Mark Hochhauser

Note: This document replaces "Lost in the Fine Print" I and II, which were posted on the PRC web site in April 2001 and May 2001.

Now is not the time to toss junk mail and ignore inserts in your bank and credit card statements. "Watch your mail!" says Tena Friery, research director of the Privacy Rights Clearinghouse.

Are You at Risk for Identity Theft? Test Your "Identity Quotient"

I receive several offers of pre-approved credit every week. (5 points)