codified to 15 U.S.C. §§ 1681-1681x, as amended
This Act, amending the Fair Credit Reporting Act (FCRA), adds provisions designed to improve the accuracy of consumers' credit-related records. It gives consumers the right to one free credit report a year from the credit reporting agencies, and consumers may also purchase for a reasonable fee a credit score along with information about how the credit score is calculated. The Act also adds provisions designed to prevent and mitigate identity theft, including a section that enables consumers to place fraud alerts in their credit files. Further, the Act grants consumers additional rights with respect to how their information is used. Under the Dodd-Frank Act, most of the FTC's rulemaking responsibilities and some study requirements transferred to the Bureau of Consumer Financial Protection.