Fair Credit Reporting Act: What is it and What Are Some Common Violations?
The Fair Credit Reporting Act is a 1970 federal law that ensures consumer credit reports are accurate, fair, and private. It outlines guidelines on how agencies shall collect, handle, and distribute credit information. Under the FCRA, consumers are assisted in ensuring that reports are accurate and complete. Credit reporting agencies are mandated to rectify mistakes […]
Fair Credit Reporting Act: What is it and What Are Some Common Violations? Read More »