Fair Credit Reporting Act

FCRA
active

Promotes accuracy, fairness, and privacy of consumer information in credit reporting agency files. Gives consumers the right to dispute inaccurate information and limits who can access credit reports.

Jurisdiction

United States

Jurisdiction Type

federal

Country

United States

Effective Date

10/26/1970

Enforcing Authority

FTC / CFPB

Maximum Fine

Statutory damages up to ,000 per violation; actual damages; punitive damages

Fines Under This Regulation

0

Total Fine Amount (USD)

--

Privacy Topics

credit_reportsconsumer_rightsaccuracypermissible_purpose
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