About Zack Smith

Website: http://experian.com

Profile: In Experian's Washington office, Zack analyzes and tracks policy proposals that could impact Experian's business and that of our clients'. In addition, he writes and edits several external and internal facing communications from Experian's Government Affairs team. Prior to joining Experian in 2010, Zack served on the staff of U.S. Senator Byron Dorgan (D-ND). He holds a Masters of Public Administration from Virginia Tech and a bachelors degree from Roanoke College.



Posts by Zack Smith

Congress Looks at Removing Paid or Settled Medical Debt from Credit Reports

Posted on Jun 28 2012 by

Last year, Rep. Heath Shuler (D-NC) introduced the Medical Debt Resolution Act (H.R. 2086), which would amend the Fair Credit Reporting Act to require the Consumer Reporting Agencies (CRAs) to remove paid or settled medical debt from a consumers’ credit file.

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FDIC Announces Revisions to Proposed Large Bank Pricing Rule

Posted on Jun 12 2012 by


Earlier this spring, the Federal Deposit Insurance Corporation (FDIC) announced a proposed amendment to the Assessments, Dividends, Assessment Base and Large Bank Pricing (LBP) rule that it put forward in February 2011.

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Data Breach Legislation passed in Vermont and Connecticut

Posted on Jun 01 2012 by


Although 46 states, the District of Columbia and Puerto Rico have passed laws requiring consumer notification in the event of a security breach of personal information, recent large-scale and publicized breaches continue to make data security a top legislative agenda item in statehouses across the country. Of the 15 data breach proposals introduced by State legislators this year, two have been signed into law.

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CFPB Privilege Issue Debated by Policymakers

Posted on May 16 2012 by


Recently there has been one area of Consumer Financial Protection Bureau (CFPB) reform that has gained support from Republicans and Democrats in Congress, as well as the CFPB Director himself: ensuring the confidentiality of privileged information that financial institutions provide to the bureau.

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FTC Privacy Report Proposes Framework for Industry to Follow

Posted on May 10 2012 by


On March 26th, the Federal Trade Commission (FTC) released its highly anticipated final reports on consumer privacy, entitled “Protecting Consumer Privacy in an Era of Rapid Change.”

In their final report, the Commission applauded industry’s efforts towards strengthening industry self-regulations—including the Digital Advertising Alliance’s Self Regulatory Program for Online Behavioral Advertising—but called on industry to do more to protect consumer privacy.

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Report Finds High level of Compliance with Online Behavioral Advertising Self-Regulations

Posted on Apr 18 2012 by


Last month, the Network Advertising Initiative (NAI)—a coalition of more than 80 leading online marketing companies—released its 2011 annual report reviewing efforts in online advertising self-regulation. In the annual report, which is required by the NAI’s self-regulatory Code of Conduct for Online Behavioral Advertising (OBA), the NAI reviewed the practices of member companies with regards to the collection, use and disclosure of data for OBA purposes.

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Congress Focuses on Protecting Use of Death Master File Records

Posted on Apr 15 2012 by


The Death Master File (DMF) is a database operated by the Social Security Administration (SSA) that contains over 87 million records with information on persons who had Social Security numbers and whose deaths were reported to the SSA from 1962 to the present. The DMF is considered a public document under the Freedom of Information Act, and monthly and weekly updates of the file are made available through the Department of Commerce.

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Experian Study Finds Vehicle History Has Major Impact on Loan Performance

Posted on Apr 07 2012 by


A recent Experian Automotive credit trends study revealed that vehicle history can have a major impact on loan performance. The study found that more than 2 percent of the late-model used vehicles (model year 2005 and newer) had a negative vehicle history event (frame damage, salvage, odometer rollback, etc.), which can significantly impact the vehicle’s value.

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