What is the Fair Credit Reporting Act, FCRA?

Fair Credit Reporting Act Summary Video from GFS

Debt Relief industry leader Golden Financial Services provides this video and downloadable summary for consumer financial support.

From Wikipedia, “The Fair Credit Reporting Act (FCRA) is a United States Federal law (codified at 15 U.S.C. § 1681 et seq.) that regulates the collection, dissemination, and use of consumer information, including 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 Fair Credit Reporting Act focuses on consumer credit reports, credit score, credit reporting, and disputing information on a credit report. It is important that consumers thoroughly review their credit reports to ensure information is accurate. If a consumer finds inaccurate information on their credit report, the Fair Credit Reporting Act provides a person with the right to dispute that item and have it removed.

Golden Financial Services provides a summary of The Fair Credit Reporting Act (FCRA) for consumers and businesses to download. The downloadable summary is easy to understand, quick to read and a great tool to improve your knowledge of your rights as a consumer and citizen of the United States. Our summary tool is an excellent referencing resource for consumers, businesses, and anyone looking to understand their consumer rights, regarding credit.

We recommend that if consumers are utilizing our summary form of the FCRA, and come to an area that they want more details on, then actually reference the original Fair Credit Reporting Act at the Federal Trade Commission Website here. We are in no way trying to represent the Federal Trade Commission. Our version is not intended in any way to constitute, override or replace the original versions created by the Federal Trade Commission, and we urge consumers to view the original version as well.

Golden Financial Services summarizes key points from the Fair Credit Reporting Act, which we believe are the most relevant points to debt relief and debt collection. We urge people and business owners to download our summary guide on this Act and use it.

After downloading this summary you may also want to get your credit report and score.


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