What are the 'Standards for Safeguarding Customer Information' that Dollar Rent A Car must adhere to?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
- You must comply with all applicable laws pertaining to the privacy of consumer, employee and transactional information, including the "Standards for Safeguarding Customer Information," dated May 23, 2002, issued by the Federal Trade Commission (the "Safeguards Rule").
The Safeguards Rule applies to businesses, regardless of size, that are "significantly engaged" in providing financial products or services to consumers.
This includes non-bank lenders such as car sales businesses.
In addition to developing their own safeguards, covered entities are responsible for taking steps to ensure that their affiliates and service providers safeguard customer information in their care.
The Safeguards Rule is posted at www.ftc.gov/privacy/glbact.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–20)
What This Means (2025 FDD)
According to the 2025 Dollar Rent A Car Franchise Disclosure Document, franchisees must comply with all applicable laws pertaining to the privacy of consumer, employee, and transactional information. This includes adhering to the "Standards for Safeguarding Customer Information," which were issued by the Federal Trade Commission (FTC) on May 23, 2002, also known as the "Safeguards Rule."
The Safeguards Rule applies to businesses significantly engaged in providing financial products or services to consumers, regardless of their size. This encompasses non-bank lenders, such as car sales businesses. Dollar Rent A Car franchisees must develop their own safeguards to protect customer information.
In addition to creating internal safeguards, Dollar Rent A Car franchisees are responsible for ensuring that their affiliates and service providers also protect customer information. The FTC's Safeguards Rule is accessible at www.ftc.gov/privacy/glbact, providing franchisees with a resource to understand and implement the necessary standards.