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Credit Report and Score<br>Related Legal Information  

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Consumer group: regulation 'lacking'.


Unfortunately, despite being subject to the same laws as its larger counterparts under the Fair Credit Reporting Act, at least one Consumer advocate says regulation of smaller, more specialized agencies is lacking.
 
While credit agencies are required to inform Consumers of their rights, their track credit record is mixed and the burden is ultimately on Consumers to ensure their Credit Reports are up-to-date and accurate.
 
Knowing your rights will make dealing with these agencies less arduous. Remember that any merchant that denies your credit is required to provide you with oral, electronic or written notice of all your Credit Report rights.
 
You have the right to contact any type of Credit bureau to determine whether they maintain a file on you. Under certain circumstances, such as fraud or credit denial, you also are entitled to a free copy of your Credit Report. A prompt response to mistakes or inaccuracies is also your prerogative.
 
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Credit report correction techniques

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Basic rights under The Fair Credit Reporting Act  

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