The Fair Credit Reporting Act (FCRA) is federal legislation that was passed in 1970. It determines who can access or collect a consumer’s credit information and how that information ought to be used. The purpose of FCRA is to protect the rights and privacy of the consumer and make sure...

Your credit report is a record containing your personal information and credit history.  Creditors, banks, insurers, and even employers can request access to your credit report from a credit bureau. They can then use your credit report to evaluate how you manage debt, whether or not you make your payments...