kate_sept2004 / Getty Images The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection of consumers' credit information and access to their credit reports. It was passed ...

Maxine Waters (D-CA) has introduced a bill in the House called the Fair Credit Reporting Improvement Act of 2014. The bill proposes sweeping changes to almost all aspects of the credit reporting ...

Seventeen financial services trade groups are calling on the CFPB to abandon its plan to amend rules under the Fair Credit Reporting Act (FCRA) ...

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

Borrowers and other consumers have important legal rights under the Fair Credit Reporting Act (FCRA).

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 Consumer Financial Protection Bureau found roughly 43 million Americans had medical bills on their credit reports, ...

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

The Consumer Financial Protection Bureau (CFPB) announced on Jan. 17, 2025, that Equifax, one of the three major credit bureaus, must pay a $15 million penalty for not conducting ...

A copy of “A Summary of Your Rights Under the Fair Credit Reporting Act.” This step allows the applicant to review the report and address any information before a final decision. The name ...

The Fair Credit Reporting Act (FCRA) is a cornerstone of consumer protection in the United States, ensuring the accuracy and privacy of credit information.