What Is The Fair Credit Reporting Act (FCRA)? - CREDIT REPORT

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TODAY'S SAVING TIP  To avoid any unwelcome surprises, it's important to see a copy of your credit report before you apply for credit such as car loans, mortgages, or credit cards. Errors in credit reports can be common. Keep in mind, however, that they are not part of ... Read more
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CREDIT REPORT: What is the Fair Credit Reporting Act (FCRA)?


The FCRA is designed to promote accuracy and ensure the privacy of information used in consumer reports. Recent amendments to the Act expand your rights and place additional requirements on CRAs. Businesses that supply information about you to CRAs and those that use consumer reports also have new responsibilities under the law.

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