Section 642.1 - Purpose and scope(a)Purpose. This part implements section 213(a) of the Fair and Accurate Credit Transactions Act of 2003, which requires the Federal Trade Commission to establish the format, type size, and manner of the notices to consumers, required by section 615(d) of the Fair Credit Reporting Act ("FCRA"), regarding the right to prohibit ("opt out" of) the use of information in a consumer report to send them solicitations of credit or insurance.(b)Scope. This part applies to any motor vehicle dealer as defined in § 642.2 of this part that uses a consumer report on any consumer in connection with any credit or insurance transaction that is not initiated by the consumer, and that is provided to that motor vehicle dealer under section 604(c)(1)(B) of the FCRA (15 U.S.C. 1681b(c)(1)(B) ). 70 FR 5032 , Jan. 31, 2005, as amended at 86 FR 50850 , Sept. 13, 2021