Search results
Learn about the law that protects your consumer information collected by reporting agencies and how to dispute inaccurate or outdated data. Find links to the full text, rules, and enforcement authority of the Act.
- Credit Reporting | Federal Trade Commission
The Fair Credit Reporting Act (FCRA) spells out rights for...
- A Summary of Your Rights Under the Fair Credit Reporting Act
A Summary of Your Rights Under the Fair Credit Reporting...
- Fair Credit Reporting Act - Federal Trade Commission
This title may be cited as the “Fair Credit Reporting Act.”...
- Fair Credit Reporting Act (FCRA) | Federal Trade Commission
Vivint Smart Home, Inc. Smart home security and monitoring...
- Credit Reporting | Federal Trade Commission
- What Is The Fair Credit Reporting Act (FCRA)?
- How The Fair Credit Reporting Act (FCRA) Works
- What Credit Bureaus Can and Can't Do Under The Law
- Consumer Rights Under The FCRA
- Example of The FCRA in Action
- The Bottom Line
- GeneratedCaptionsTabForHeroSec
The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection of consumers' credit information and access to their credit reports. It was passed in 1970 to address the fairness, accuracy, and privacy of the personal information contained in the files of the credit reporting agencies (CRAs).
The Fair Credit Reporting Act is the primary federal law that governs the collection and reporting of credit information about consumers. Its rules cover how a consumer's credit information is obtained, how long it is kept, and how it is shared with others—including consumers themselves. The Federal Trade Commission (FTC) and the Consumer Financial...
The Fair Credit Reporting Act describes the kind of data that credit bureaus are allowed to collect. That includes the person's bill payment history, past loans, and current debts. It may also include employment information, present and previous addresses, whether they have ever filed for bankruptcyor owe child support, and any arrest record. The F...
Consumers also have a right to see their own credit reports. By law, they are entitled to at least one free credit report every 12 months from each of the three major bureaus. They can request their reports at the official, government-authorized website for that purpose: AnnualCreditReport.com. Under the FCRA, consumers also have a right to: 1. Ver...
Say that someone is looking to rent an apartment and the landlord denies their application, claiming it is because of their credit report or credit score. The potential tenant believes this to be a lie, suspecting that it is because of their skin color or religion instead, which is an unlawful reason to deny the lease. Under the FCRA, they can requ...
The Fair Credit Reporting Act (FCRA) governs what credit bureaus can and can't do with the information they collect on you. It also gives you certain rights as a consumer. Because the information in your credit reports is important in many ways, it's worth checking them periodically for any errors, which you can then ask the bureaus to correct. Und...
Learn how the FCRA protects your credit information and rights as a consumer. Find out what credit bureaus can and can't do, and how to access and dispute your reports.
- Julia Kagan
- 2 min
The Fair Credit Reporting Act ( FCRA ), 15 U.S.C. § 1681 et seq., is federal legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. It was intended to shield consumers from the willful and/or negligent inclusion of erroneous data in their credit reports.
Mar 17, 2023 · Learn about the Fair Credit Reporting Act (FCRA) and Regulation V, which protect consumers' rights and regulate the use of consumer reports. Find rules, guides, bulletins, forms, and other resources from the CFPB and other agencies.
People also ask
What is the Fair Credit Reporting Act (FCRA)?
Who regulates credit reporting?
When did the Fair Credit Reporting Act become effective?
Do you have to notify a consumer if a credit report is inaccurate?
