What is the Fair Credit Reporting Act?

Answer The Fair Credit Reporting Act is a federal law the implements federal government oversight for the way credit bureaus collect, record and distribute information about the credit histories of indivi... Read More »

Top Q&A For: What is the Fair Credit Reporting Act

New Jersey Fair Credit Reporting Act?

The New Jersey Department of Banking and Insurance offers state residents several resources for managing and protecting consumer credit, especially as it pertains to credit reports. The Fair Credit... Read More »

Fair Credit Reporting Act Summary?

The Fair Credit Reporting Act is a United States law that regulates access and reports for credit history, score, and information. This act provides credit holders specific rights about receiving i... Read More »

What is a consumer report containing Medical Records under the guidelines of the Fair Credit Reporting Act called?

Answer The HIPAA Act, was enacted by Congress to insure privacy protection of medical records. Medical information can be given out, only with written permission of the person. This however, does ... Read More »

Does reporting a credit card stolen lower your credit score?

Reporting a credit card stolen does not lower your credit score. Some actions that can lower your credit score are late or missed payments, too many inquiries for new credit at one time and unpaid ... Read More »