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NOTICE AT COLLECTION OF PERSONAL INFORMATION Rev. 7/1/2023 Bay Federal Credit Union (together with its subsidiaries and affiliates, also referred to as we, us, or our herein) is providing this notice
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01
Start by providing the necessary details such as your name and contact information.
02
Clearly state the purpose of collecting the information and how it will be used.
03
Include a list of the specific types of information that will be collected.
04
Mention the rights of the individuals in relation to their personal data.
05
Ensure that the notice is easily accessible and clearly visible to the individuals.

Who needs notice at collection of?

01
Any organization or business that collects personal information from individuals needs a notice at collection of.
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Notice at collection of is a formal communication that informs individuals or entities that their accounts or debts are being collected.
Typically, creditors or collection agencies that are attempting to collect debts are required to file notice at collection of.
To fill out notice at collection of, one should provide required information such as the debtor's details, the amount owed, the basis of the debt, and any necessary supporting documentation.
The purpose of notice at collection of is to legally notify the debtor about the collection action and to provide them with information on how to address the debt.
The notice must include the debtor's name, the amount of debt, the nature of the debt, and information about the creditor or agency filing the notice.
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