Fair Credit Reporting Act.
What is it? A federal law passed in 1971 that regulates the activity of credit bureaus. It is designed to prevent inaccurate or obsolete information from staying in a consumers credit file and requires credit bureaus to have reasonable procedures for gathering, mainAdded By: Kaylee
The Fair Credit Reporting Act. definition has been viewed 50 Time(s)!
Send To Friends!
If you'd like to send the Fair Credit Reporting Act. definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Fair Credit Reporting Act.. If you need any more information on this term, please don't hesitate to contact us.