The FCRA and Credit Reports

Check out some of the most favorable points of the Fair Credit Reporting Act (FCRA) that really help consumers. Provides consumers with a free copy of their credit report once per year and ensures that they can purchase it at a fair price. Regulates who has access to credit reports. The official term used in the FCRA is “Per ..

The Fair Credit Billing Act (FCBA)


The Credit Bureaus Love Bad Credit - And Here’s Why

Not only are the Big Three credit reporting agencies making a killing selling personal information, what most don’t realize is that they’ve also got an actual financial stake in gathering as many poor credit scores as possible. Some data is more valuable than other data, which allows the credit bureaus to charge more for i ..

The Bureaus Role in ID Theft

When a consumer applies for credit, a company that is authorized to obtain a copy of the consumer’s report will electronically submit a request for the report. The request must contain specific data about the consumer in order for the credit bureau to extract the correct report. It is surprising to learn that one of the critical ..

The Bureaus Get Rich on Bad Credit

The job of selling data comes at a price. Depending upon what type of data you need, as a data purchaser, whether you're buying data to evaluate whether or not someone's a good credit risk or you're buying data to send a marketing message to, for a new credit card offer, data is extremely valuable. Credit bureaus make money selling ..

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