Fair Credit Reporting Act

The Fair Credit Reporting Act (FCRA) was established to give consumers a way to discover how and where credit information is acquired and how to amend inaccurate information. The Fair Credit Reporting Act is designed to assure consumers that the records of credit transactions they enter into are accurate and fairly used. The FCRA deals with the precision and integrity of information furnished by financial institutions to consumer reporting agencies and the handling of direct disputes with consumers.

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