Does your business use consumer reports or credit reports to evaluate customers’ creditworthiness? Do you consult reports when evaluating applications for jobs, leases, or insurance? Here's information about your responsibilities under the Fair Credit Reporting Act and other laws when using, reporting, and disposing of information in those reports.
The Fair Credit Reporting Act promotes the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. If your company meets the definition of a "consumer reporting agency," if you furnish information to CRAs, or if you use that information for certain purposes, you may have obligations under the FCRA.