Index
Consumer ProtectionUnited States (Federal)

Fair Credit Reporting Act (FCRA)

Summary

Regulates how credit reporting agencies collect and share consumer information to ensure accuracy and privacy.

Rights & Rules

  • 01.
    Right to be told if information in your file is used against you
  • 02.
    Right to access your credit report and know what is in it
  • 03.
    Right to dispute incomplete or inaccurate information

Penalties

  • 01.
    Actual damages suffered by the consumer
  • 02.
    Statutory damages between $100 and $1,000
  • 03.
    Punitive damages and legal fees

Verified Citations

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