Fair Credit Reporting Act - Furnishers of Information
Those who provide credit information to the Reporting Agencies
If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
Who are Furnishers of Credit Information?
The FCRA places obligations upon creditors who furnish a consumers credit information to a reporting agency. This may include lenders, retailers, collection agencies, etc., that deal with customer credit and report that information to a reporting agency. The FCRA requires that these creditors:
- provide complete and accurate information to the credit reporting agencies;
- investigate consumer disputes received from credit reporting agencies;
- correct, delete, or verify information within 30 days of receipt of a dispute; and inform consumers within one month about negative information that is in the process of or has already been placed on a consumer's credit report.
Note: This normally includes providing notice before and after negative information is reported.
Next Article: FCRA - Enforcement Back to: CONSUMER PROTECTION