Is Not A Consumer Reporting Agency is not a consumer reporting agency as defined by the Fair Credit Reporting Act. None of our services constitute a consumer report as defined in the Act.

Read more here about the Fair Credit Reporting Act – FCRA.

What Is The Fair Credit Reporting Act?

The Fair Credit Reporting Act protects private information collected by consumer reporting agencies. It is a federal law that ensures accuracy, fairness, and privacy. The Act ensures people seeking employment, credit, or insurance are protected.

Consumer reporting agencies are medical companies, credit companies, companies with tenant screening services, and more.

Information of medical, credit, and tenant screening cannot be provided to people or businesses who does not have a purpose specified in the Act.

A Consumer Reporting Agency Has Responsibilities

A consumer reporting agency has specific responsibilities and legal obligations they have to follow.

The agencies must investigate if someone disputes the accuracy of the information about them.

The agencies must examine the disputed info within 30 days.

If you are denied employment, credit, or insurance because of your credit report, you have the right to ask for the reason for the denial.

You have the right to sue a consumer reporting agency that violates the Fair Credit Reporting Act.

You have the right to know who has requested your credit report.

Once a year, a credit reporting agency has to provide you with all the info in your credit file upon request.

Creditors are prohibited from obtaining your medical information when making a credit decision.

After seven years, old info has to be removed from your file.

Some U.S. States have supplemental laws to the consumer reporting laws. New York, California, and Kansas, are some of the states that have passed supplemental laws.