The Bottom Line The Fair Credit Reporting Act (FCRA) governs what credit bureaus can and can't do with the information they collect on you. It also gives you certain rights as a consumer.

These files or reports are maintained and sold by "consumer reporting agencies" (CRAs ... to businesses to use when evaluating your application. Your rights under the Fair Credit Reporting Act: You ...

The Fair Credit Reporting Act (FCRA) stands as a pivotal piece of legislation in the realm of consumer rights, particularly concerning credit information. Enacted in 1970, the FCRA was designed to ...

Maxine Waters (D-CA) has introduced a bill in the House called the Fair Credit ... The act would require that bankruptcies be removed from a consumer’s credit report in seven years, and all ...

Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as ...

Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...

may be in violation of the Fair Credit Reporting Act for routinely failing to address consumer complaints about credit report errors. And in March, the federal agency highlighted inaccuracies in ...

Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to ...

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a nationwide consumer reporting agency (“Agency”) under the Fair Credit Reporting Act ...

On January 7, 2025, the CFPB filed a lawsuit against a nationwide consumer reporting agency for violations of the Fair Credit Reporting Act. The lawsuit claims the company’s investigation of ...

The servicer did not admit to any wrongdoing, stating, “We do not believe our reporting has impacted actual consumer ... legal rights under the Fair Credit Reporting Act (FCRA).

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