What is the FCRA?
The Fair Credit Reporting Act (or the “FCRA”) is a federal law that was primarily designed to protect the privacy of consumer information and to guarantee that the information supplied by consumer reporting agencies is as accurate as possible. The FCRA also regulates end users’ (e.g., our customers) activities involving the procurement and use of consumer reports. There are additional obligations for our customers that order reports for employment purposes. It is a common misconception that the FCRA only applies to the use of credit reports, as the law applies to the use of all types of consumer reports, including those containing criminal records.