How exactly do The Fair Credit Reporting Act (FCRA) and The Fair And Accurate Credit Transactions Act (FACTA) work?
The FCRA and FACTA represent the Federal laws that Congress has passed in order to give consumers legal rights to ensure that the credit bureaus comply with designated uniform procedures to guarantee that only good, verifiable and accurate information appears on their credit report. For more detailed information you can access a full copy of the FCRA and the FACTA directly from the Federal Trade Commission’s web site.
