What is the primary purpose of the Fair Credit Reporting Act (FCRA)?

Under the FCRA, credit reporting agencies must obtain written consent from consumers before:

How often can consumers request a free credit report from each major credit bureau through AnnualCreditReport.com?

What does the FCRA require credit repair companies to do when consumers dispute inaccuracies on their credit reports?

Which of the following is a responsibility of credit repair companies under the FCRA?

True or False: The FCRA grants consumers the right to dispute inaccuracies on their credit reports.

True or False: Credit repair companies can access consumers’ credit reports without their consent.

True or False: A creditor must notify the applicant of adverse action within 30 days after receiving a complete credit application.

True or False: The FCRA restricts access to consumer credit information to entities with a permissible purpose.

True or False: The FCRA allows credit reporting agencies to report negative information, such as late payments, indefinitely.