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What Is FCRA?

What Is FCRA?

FCRA stands for Fair Credit Reporting Act and is a federal law in the United States that aims to regulate the collection, dissemination, and use of consumer information which includes credit information as well. Passed in 1970, the act lays down certain guidelines for consumer reporting agencies or credit bureaus including Equifax, Experian, and TransUnion. This act not only helps in keeping a detailed record of the consumer’s credit history but it also ensures honesty on the part of credit bureaus.

Residential Mortgage Credit Report

Residential mortgage credit report (RMCR) is an additional report that gives particulars on thing…

Fixing Your Credit

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