In 1970 the Fair Credit Reporting Act (FCRA) was enacted to address the collection, use, and redistribution of consumer information. At that time, Congress was concerned about the growing use and potential misuse of consumer credit history. Today, in our technology-driven age, this consumer privacy statute and subsequent amendments have even greater importance. The consumer data and reporting industry is exploding. Now, not only the “Big Three” credit agencies, but a whole host of specialty reporting agencies sell consumer information relating to, among other things, employment background checks, medical records and payments, insurance claim history and underwriting, and tenant rental history. Another significant development occurred with the passage of the Dodd-Frank Act. It created the Consumer Financial Protection Bureau, which now has regulatory oversight of the FCRA and has issued important new bulletins and regulations. Keep yourself informed about these recent regulations and discover guidelines for everyday practice in this area of law. Explore the life of an FCRA case from client intake through the dispute process, filing the complaint, conducting FCRA discovery, to trial or settlement, and learn everything you need to know.
Summary of ContentsIntroduction to the Fair Credit Reporting Act (FCRA)
Recent Developments in FCRA Law
Compliance – FCRA Training Outline
Interaction with Other Federal Laws
Bringing or Defending Your Case