Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What do Providers Need to Know about FCRA?

April 26, 2017FCRA

0

0 Posted

What do Providers Need to Know about FCRA?

1 Answer

0

0 Posted

The FTC put together a document to highlight Information Providers Need to Know: www.ftc.gov/bcp/conline/pubs/buspubs/infopro.htm In order to meet their obligations under the FCRA, the four major credit bureaus came together and developed standardized technologies to streamline the flow of data between the CRAs and their Data Providers: 1. Metro2 – an electronic format to receive data from data providers 2.