The Fair Credit Reporting Act (FCRA) is a federal law that oversees and safeguards consumer credit information.
The federal law regulates the collection, dissemination, and use of consumer information, including credit.
It was enacted to promote accuracy, fairness, and privacy of consumer information in reporting agencies.
The FCRA was passed in 1970 to address the personal information on the files of credit reporting agencies.
The FCRA governs how credit bureaus can collect and share information about individual consumers.
The law regulates the way credit reporting agencies can access, use, and share data they collect in your reports.
The FCRA promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies.
The FCRA gives consumers the right to access their credit report and dispute any errors they find.
It also restricts others' access to your credit report, limiting access to landlords, creditors, and insurance companies.