Attorneys

Fair Credit Reporting Act FAQs

• Q: How Long Can A Cra Report Negative Information?
  A: Seven years. There are certain exceptions: Information about criminal convictions may be reported without any time limitation. Bankruptcy information may be reported … More
• Q: Can Anyone Get A Copy Of My Report?
  A: No. Only people with a legitimate business need, as recognized by the FCRA. For example, a company is allowed to get your report if you apply for credit, insurance, … More
• Q: How Can I Stop A Cra From Including Me On Lists For Unsolicited Credit And Insurance Offers?
  A: Creditors and insurers may use CRA file information as a basis for sending you unsolicited offers. These offers must include a toll-free number for you to call if you … More
• Q: Do I Have The Right To Sue For Damages?
  A: You may sue a CRA, a user or -- in some cases -- a provider of CRA data, in state or federal court for most violations of the FCRA. If you win, the defendant will have … More
• Q: Are There Other Laws I Should Know About?
  A: Yes. If your credit application was denied, the Equal Credit Opportunity Act requires creditors to specify why -- if you ask. For example, the creditor must tell you … More