The Fair Credit Reporting Act (FCRA) is a United States federal law (codified at 15 U.S.C. ยง 1681 et seq.) that regulates the collection, dissemination, and use of consumer information, including consumer credit information. Along with the Fair Debt Collection Practices Act (FDCPA), it forms the base of consumer credit rights in the United States. It was originally passed in 1970, and is enforced by the US Federal Trade Commission and private litigants.
Read more about Fair Credit Reporting Act: History, Consumer Reporting Agencies, Nationwide Specialty Consumer Reporting Agencies, Information Furnishers, Users of The Information For Credit, Insurance, or Employment Purposes, Likelihood of Errors On A Credit Report, Civil Liability For Willful or Negligent Violations of The FCRA, Which Companies Are Regulated By The FCRA?
Famous quotes containing the words fair, credit, reporting and/or act:
“Within the circuit of this plodding life
There enter moments of an azure hue,
Untarnished fair as is the violet
Or anemone, when the spring strews them
By some meandering rivulet, which make
The best philosophy untrue that aims
But to console man for his grievances.
I have remembered when the winter came,”
—Henry David Thoreau (1817–1862)
“If you love those who love you, what credit is that to you? For even sinners love those who love them.”
—Bible: New Testament, Luke 6:32.
“I have been reporting club meetings for four years and I am tired of hearing reviews of the books I was brought up on. I am tired of amateur performances at occasions announced to be for purposes either of enjoyment or improvement. I am tired of suffering under the pretense of acquiring culture. I am tired of hearing the word “culture” used so wantonly. I am tired of essays that let no guilty author escape quotation.”
—Josephine Woodward, U.S. author. As quoted in Everyone Was Brave, ch. 3, by William L. O’Neill (1969)
“And everyone who hears these words of mine and does not act on them will be like a foolish man who built his house on sand. The rain fell, and the floods came, and the winds blew and beat against that house, and it fell-and great was its fall!”
—Bible: New Testament, Matthew 7:26-27.
Jesus.