1 / 6

Fair Credit Reporting Act (FCRA)

Looking for a personal injury lawyer in Orange Park, Florida? Contact Law Office of Tony Turner. We have a team of experienced lawyers to help you settle your personal injury claim and get back to living your life. https://tonyturnerlaw.com

tonyturnerlaw
Download Presentation

Fair Credit Reporting Act (FCRA)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fair Credit Reporting Act (FCRA)

  2. What is the Fair Credit Reporting Act (FCRA)? The Fair Credit Reporting Act (FCRA) details how creditors can collect information and access debtor’s credit reports. It ensures fairness, accuracy, and privacy of the debtor’s information detailed in credit reports. The complete act can be found in the United States Code Title 15, Section 1681.

  3. Fair Credit Reporting Act Some permissible purposes for obtaining a consumer’s credit report include 1) The review of a borrower’s credit profile for a credit application; 2) The release of a credit report for a background check and; 3) The request of a credit report by the consumer. An order from the court, business dealings and child support considerations are other reasons one can access a credit report.

  4. The FCRA also details what information should be included on a credit report and the length of time they can remain on a credit report. Most negative information stays on a credit report for seven years. Bankruptcy can remain on a credit report for ten years.Debtors are permitted access to their file and a free credit report once a year.

  5. Looking for a personal injury lawyer in Orange Park, Florida? Contact Law Office of Tony Turner. We have a team of experienced lawyers to help you settle your personal injury claim and get back to living your life. https://tonyturnerlaw.com

More Related