Index
Fair Credit Reporting Act (FCRA)
Summary
Regulates the collection, dissemination, and use of consumer information, including consumer credit information, to ensure fairness, accuracy, and privacy.
Rights & Rules
- 01.You have the right to be told if information in your file has been used against you.
- 02.You have the right to know what is in your file and request your credit score.
- 03.You have the right to dispute incomplete or inaccurate information.
Penalties
- 01.Actual damages sustained by the consumer.
- 02.Statutory damages between $100 and $1,000 for willful non-compliance.
- 03.Punitive damages and reasonable attorney fees.
Verified Citations
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