Federal Law
24. Fair Credit Reporting Act

The Fair Credit Reporting Act (FCRA), codified at 15 U.S.C. § 1681 et seq., is a U.S. federal law enacted in 1970 that regulates how consumer reporting agencies (CRAs) collect, use, and disseminate consumer credit information. The law is designed to ensure the fairness, accuracy, and privacy of the personal information contained in the files of CRAs.