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TITLE 16 - COMMERCIAL PRACTICES
CHAPTER I - FEDERAL TRADE COMMISSION
SUBCHAPTER F - THE FAIR CREDIT REPORTING ACT
PART 642 - PRESCREEN OPT - OUT NOTICE
642.2 - Definitions.
As used in this part: (a) Simple and easy to understand means: (1) A layered format as described in 642.3 of this part; (2) Plain language designed to be understood by ordinary consumers; and (3) Use of clear and concise sentences, paragraphs, and sections.
(i) Examples. For purposes of this part, examples of factors to be considered in determining whether a statement is in plain language and uses clear and concise sentences, paragraphs, and sections include: (A) Use of short explanatory sentences; (B) Use of definite, concrete, everyday words; (C) Use of active voice; (D) Avoidance of multiple negatives; (E) Avoidance of legal and technical business terminology; (F) Avoidance of explanations that are imprecise and reasonably subject to different interpretations; and (G) Use of language that is not misleading.
(ii) [Reserved] (b) Principal promotional document means the document designed to be seen first by the consumer, such as the cover letter.
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