Provide financial advice or counseling to individuals.Arrange for someone to finance or lease a car for personal, family, or household use or.Extend credit to someone (for example, through a retail installment contract) in connection with the purchase of a car for personal, family, or household use. The Privacy Rule applies to car dealers who: Activities and Entities Covered by the Privacy Rule 1. Please note that this information does not address possible legal obligations you may have under the FTC Safeguards Rule, the Fair Credit Reporting Act, or other federal and state laws. Other business guidance is available on the FTC’s Gramm-Leach-Bliley Act page. Before reading this, you may want to familiarize yourself with the FTC’s small business guide, How To Comply with the Privacy of Consumer Financial Information Rule of the Gramm-Leach-Bliley Act, and the Frequently Asked Questions for the Privacy Regulation. The following questions and answers show how the Privacy Rule applies to specific situations that auto dealers may face. The Federal Trade Commission (FTC) has developed these additional FAQs to help auto dealers comply with the Gramm-Leach-Bliley Act and the FTC’s Privacy Rule. About the FTC Show/hide About the FTC menu items.News and Events Show/hide News and Events menu items.Advice and Guidance Show/hide Advice and Guidance menu items.Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.
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