CREDIT LAWS


Fair Credit Reporting Act (FCRA) – is a Federal Law that monitors the collection, dissemination, and use of consumer credit information.

The Fair and Accurate Credit Transactions Act (FACTA) – is a Federal Law that allows consumers to receive FREE credit reports once every 12 months from Experian, Equifax, and Transunion.

Fair Debt Collection Practice Act (FDCPA) – is a United States statue that was created to protect consumers from abusive collection tactic, and to provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the accuracy of the information.

Credit Repair Organization Act (CROA) - was put in place to protect consumers from unfair business practices performed by credit repair organizations.

Federal Trade Commission (FTC) - is an independent agency of the United States government that primary mission is consumer protection, and the prevention and elimination of harmful anti-competitive business practices.