Index
Consumer Privacy & FinanceUnited States (Federal)

Fair Credit Reporting Act (FCRA)

Summary

Regulates the collection, dissemination, and use of consumer information, including consumer credit information.

Rights & Rules

  • 01.
    The right to be told if information in your file has been used against you.
  • 02.
    The right to know what is in your file.
  • 03.
    The right to ask for a credit score.
  • 04.
    The right to dispute incomplete or inaccurate information.

Penalties

  • 01.
    Actual damages sustained by the consumer.
  • 02.
    Statutory damages between $100 and $1,000 per violation.
  • 03.
    Punitive damages as allowed by the court.
  • 04.
    Attorney fees and legal costs.

Verified Citations

""