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Article: Study Finds California Voters Want Stronger Financial Privacy Protection Laws; E-LOAN Sponsored Study Finds 82% of California Voters View Protecting The Privacy of Their Financial Information as a Critical Concern; 77% Strongly Favor an 'Opt-In' Financial Privacy Protection Law Currently Being Debated in the California Assembly.
- Article from:
- PR Newswire
- Article date:
- February 21, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Calif. -- E-LOAN, Inc. (www.eloan.com), a leading online lending company, today announced the results of a study that indicates 82 percent of California voters view protecting the privacy of their financial information as a critical concern, and 70 percent strongly agree that greater protection of personal information is needed because financial institutions are profiting by selling customer information to marketing firms. The study also found that 77 percent of voters strongly favor legislation currently being debated in the California Assembly that would require financial institutions to notify a customer and receive that customer's permission before selling ...