The Fair Credit Reporting Act provides guidelines for collecting an individual's credit information.
<h3>What is Fair Credit Reporting Act?</h3>
The Fair Credit Reporting Act can be described as the federal law which was set up to guide and establish the accuracy, fairness and privacy of the information with respect to the consumer credit bureau files.
It should be noted that this was put in place so as to regulates the way credit reporting agencies can collect, access, data ,hence The Fair Credit Reporting Act provides guidelines for collecting an individual's credit information.
The preamble to the constitution does not specify providing for economic equity. This is one of the reasons why 1% of citizens own the majority of the money in America.