Fair Credit Reporting Act of 1970

Citation: Fair Credit Reporting Act of 1970, 15 U.S.C. §1681-1681t.

The Fair Credit Reporting Act of 1970 (FCRA) sets forth rights for individuals and responsibilities for consumer “credit reporting agencies” in connection with the preparation and dissemination of personal information in a consumer report. Under the FCRA consumer reporting agencies are prohibited from disclosing consumer reports to anyone who does not have a permissible purpose.