Fair Credit Reporting Act
Under the Fair Credit
Reporting Act (FCRA), both the credit-reporting agency and the organization
that provided the information to the agency, such as a bank or credit card
company, have responsibilities for correcting inaccurate or incomplete
information in your report. To protect all your rights under the law, you
should contact both the bureau and the information provider.
Under the Fair Credit Reporting Act (FCRA), you have the right
Receive a copy of your credit report. The copy of your
report must contain all of the information in your file at the time of
Know the name of anyone who received your credit report in
the last year for most purposes or in the last two years for employment
Obtain the name and address of the credit reporting agency
used by any company that denies your application when the denial was based
on information given by the agency.
Receive a free copy of your credit report when your
application is denied because of information supplied by the
credit-reporting agency. Your request must be made within 60 days of
receiving your denial notice.
Dispute the completeness or accuracy of information on
your report and request a reinvestigation. You must file with the
credit-reporting agency and the company that furnished the information.
Add an explanation to your credit report if your dispute
is not resolved to your satisfaction.