Complying with a decision by an appeals court last week [WAMN: 18-Apr-01], credit bureau Trans Union has halted the sale of all mailing lists compiled from consumer credit records.
The US Court of Appeals for the District of Columbia had ordered the firm either to appeal again or to stop selling such lists within ten days. Trans Union is still contemplating a further appeal.
The company is the last to give up the sale of so-called ‘target marketing product’ lists after the Federal Trade Commission claimed they violated the Fair Credit Reporting Act. Trans Union, however, argued that the Act only applied to information regarding individual transactions and not to credit records covering items such as mortgages and credit cards – a claim so far rejected by the courts.
News source: Advertising Age - Daily Deadline