National Consumer Credit Reporting System Improvement Act of 2003

[AI summary unavailable — showing source text] National Consumer Credit Reporting System Improvement Act of 2003 - Amends the Fair Credit Reporting Act to require a consumer reporting agency, upon consumer request, to: (1) include a fraud alert in the consumer's file for a seven-year period; and (2) refer such fraud alert to other consumer reporting agencies. Mandates truncation of credit card and debit card numbers. Requires Federal banking agencies, the National Credit Union Administration (NCUA), and the Federal Trade Commission (FTC), to establish identification procedures for identity theft incidents. Increases the Federal criminal penalty for identity fraud. Requires the FTC to: (1) prepare a model summary of rights for identity theft victims; and (2) implement a public education campaign on identity theft. Requires a consumer reporting agency to block the reporting of information that the consumer alleges resulted from identity theft. Prescribes guidelines for: (1) coordination of consumer complaint investigations; (2) prevention of repollution of consumer reports; (3) debt collector communications regarding identity theft; (4) free annual credit reports; (5) free disclosures in connection with fraud alerts; (6) summary …