The Fair Credit Reporting Reseller Accuracy Act mandates resellers of consumer report information to ensure accuracy before transmission.
The Fair Credit Reporting Reseller Accuracy Act amends the Fair Credit Reporting Act to require resellers of consumer report information to follow reasonable procedures to ensure maximum accuracy before transmitting such information to end users or other resellers. Resellers are exempt from liability if they accurately communicate information obtained from another consumer reporting agency. The term "reseller" is defined as per section 603.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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