The Fair Credit Reporting Act is a federal law that gives you rights to access, dispute and protect your credit information. Here’s what to know.
We're a boutique law firm specializing in helping clients correct errors on their credit reports, background checks, and tenant screenings. These costly errors are more common than you might expect, as the FTC estimates that 1 in 4 credit reports contain errors from at least one of the thre...
On December 13, 2024, the Consumer Financial Protection Bureau (CFPB) published in the Federal Register a proposed rule that would revise Regulation V, the CFPB’s regulation implementing the Fair Credit Reporting Act (FCRA). The proposed rule would impose new limitations and obligations for many...
The federal Fair Credit Reporting Act (FCRA) is designed to promote accuracy, fairness and privacy of information in the files of every "consumer reporting agency" (CRA). Most CRAs are credit bureaus that gather and sell information about you - such as if you pay your bills on time or hav...
On December 3, 2024, the U.S. Consumer Financial Protection Bureau (the CFPB) announced a notice of proposed rulemaking that seeks to significantly expand the scope of the Fair Credit Reporting Act and its implementing regulation, Regulation V (collectively, the...
Fair Credit Reporting Act(美国)公平信用报导法案 系美国国会于1971年4月25日所通过的消费者信用保护法案(Consumer Protection Act),目的在保护消费者避免不正确或陈旧的信息流通,且确保消费者征信机 Fair Credit Billing Act(美国)公平信用交易法案 系1974年10月28日美国国会制定通过的消费者信用保护法案(Consumer Cre...
February 27, 2025 Trump’s Tariff Threat Casts Shadow Over Canadian Oil and Gas Drilling Sector The Canadian oil and gas drilling sector faces renewed uncertainty as former President Donald Trump hints at a potential 10% tariff on Canadian crude oil imports to the U.S. This development… ...
“Fair Credit Reporting Act.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/Fair%20Credit%20Reporting%20Act. Accessed 25 Feb. 2025. Copy Citation Share Post the Definition of Fair Credit Reporting Act to Facebook Facebook Share the Definition...
Fair Credit Reporting Act Update-2023Smith, Andrew M.Bartholomew, Lucy C.Business Lawyer
Credit reporting errors can have serious consequences for consumers, leading to loan denials, higher interest rates, and even lost job opportunities. The Fair Credit Reporting Act (FCRA) is designed to protect you from these issues, but violations still occur frequently. Below, we discuss some of...