Originally passed in 1970, The Fair Credit Reporting Act (FCRA) is a U.S. federal law that regulates the collection, dissemination, and use of consumer credit information. Along with the Fair Debt Collection Practices Act (FDCPA), it forms the base of consumer credit rights in the United States. The FCRA is enforced by the FTC. Information furnishers – such as creditors, collection agencies, and debt buyers – can supply information to a consumer’s credit report only if they 1) supply complete and accurate information, 2) have procedures in place to investigate disputes from consumers, and 3) inform a consumer if negative information is to be placed on their credit report.

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CFPB Announces Settlement with Massachusetts Collection Agency

8 December 2015

Consumer Litigation "Continues to Evolve in Lurches": Your October Debt Collection Stats

13 November 2015

Big Mistake! Three Compliance Risks Collectors Overlook

12 November 2015

Will You Know A “Dispute” When You See It?

10 November 2015

Could Spokeo Mean Rough Road Ahead for FCRA, TCPA, FDCPA Plaintiffs?

4 November 2015

CFPB Issues Ninth Supervisory Highlights Report

4 November 2015

Sprint to Pay $2.95 Million Penalty to Settle FTC Charges It Violated Fair Credit Reporting Act

22 October 2015

Three Reasons Your Agency Needs to Be Focused on Disparate Impact

14 October 2015

FDCPA Litigation Totals Dropping But Still High; TCPA Unmoved in August

21 September 2015

FDCPA Lawsuits Up Sharply YTD in 2015 vs. 2014

21 August 2015

Lawsuits Against the Industry Up Across the Board

17 July 2015

Regional Compliance Meetings Offer Guidance, Problem-Solving, and Strategizing

14 July 2015

TransUnion Prices IPO; Values Company at $4 Billion

25 June 2015

The CFPB's Latest Supervision Report Highlights Compliance Deficits in the Collection Industry

24 June 2015

CFPB Takes Action Against Medical Debt Collector, Largely For Lack of Policies and Procedures

19 June 2015

Now in the CFPB's Sights: Collectors Hired by State & Local Government Agencies

15 June 2015

Graduation: ARM-U 2015 Highlights Need for Regulatory Clarity

5 June 2015

FTC Joins NY and GA in Action Against 3 Collection Agencies

22 May 2015

FDCPA/FCRA Litigation Trending Upward, TCPA & CFPB Complaints Down Slightly

19 May 2015

The Inconvenient Reality of Convenience Fees

18 May 2015