What is the FCRA? The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection of consumer’s credit information and access to their credit reports. It was passed in the 1970s to ensure fairness, accuracy and privacy of personal information that are filed with CRAs. The FCRA rules how a consumer’s credit is obtained, how long it’s kept, and the way it is able to be shared. Be sure to check out TazWorks most recent blog post, ‘Misconceptions of the FCRA’, where we talk briefly about that law as well as a few myths behind it.
Click here to view the Misconception of the FCRA Blog Post