CRD Definition: Fair Credit Reporting Act

Fair Credit Reporting Act (FCRA):

A federal law, established in 1971, and revised in 1997, which enables consumers to learn what information Credit Reporting Agencies have on file about them, and to dispute inaccurate data in the file. The Fair Credit Reporting Act also establishes specific permissible purposes for which credit reports may be requested, and places time limits on how long adverse information may be reported.

Act now and save on Lexington Law Firm's Internet Special.
Get Lexington's renowned Credit Report Repair Service for only
$99 to sign up / $39 a month! Click here and sign up now!

CRD Definitions: Bad Credit | Bankruptcy | Consumer Credit Counseling Service | Credit | Credit Card | Credit Grantor | Credit History | Credit Counseling | Credit Record | Credit Repair | Credit Report | Credit Reporting Agency | Credit Risk | Credit Score | Credit Scoring System | Credit Union | Debt | Debtor | Default | Delinquency Assessment | Dispute | Equal Credit Opportunity Act (ECOA) | Equifax | Experian | Fair Credit Reporting Act(FCRA) | Foreclosure | Garnishment | Good Credit | Goods and Services Dispute | Lien | Lien Waiver | Past Due | Payment Due Date | Trans Union | Truth in Lending Act | Credit Instructor | Credit Report Repair | Credit Repair Options