Index
Consumer CreditUnited States (Federal)

Fair Credit Reporting Act (FCRA)

Summary

The FCRA regulates how consumer reporting agencies use, collect, and share personal information in consumer reports.

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 ask for a 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 noncompliance.
  • 03.
    Punitive damages and attorney's fees.

Verified Citations

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