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FCRA

Show me everything on FACTA law requirements

- FCRA (Fair Credit Reporting Act) is a United States Law that regulates how consumer credit information is collected, used and shared. The Act specifies separate responsibilities for credit reporting agencies (CRAs) and the businesses -- typically creditors -- that furnish them with information used to create consumer credit reports. An amendment to FCRA, FACTA (Fair and Accurate Credit Transaction Act) was created, primarily, to protect consumers from identity theft.

FCRA and FDCPA (Fair Debt Collection Practices Act) are the main laws regulating consumer credit rights in the U.S.

Learn more about FACTA law requirements

Red Flag Rules compliance demands a risk-based approach: Financial-services firms must take a risk-based approach to Red Flag Rules compliance.
FACTA's red flags of identity theft: FACTA's Red Flags rule takes effect later this year. Learn how car dealerships to debt collectors need to adjust to comply with this new rule.

LAST UPDATED:

18 Jan 2008

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More resources from around the web:

-	The FTC Web site makes the full Fair Credit Reporting Act (FCRA) available in PDF format.

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