Federal act passed by Congress that serves as an addendum to the Fair Credit Reporting Act and provides consumers with the ability to obtain one free credit report from all three credit agencies (Experian, Trans Union, and Equifax) yearly. Ordinarily a consumer would have to pay a small fee to obtain their credit report. This act only provides for the credit report and not additional information such as a credit score or ranking. The goal of the addendum was to provide consumers with an easy way to monitor their credit in order to avoid identity theft and maintain their credit standing.
Related information about Fair and Accurate Credit Transactions Act of 2003:
- Fair and Accurate Credit Transactions Act of 2003 - U.S. ...
Dec 4, 2003 ... PUBLIC LAW 108–159—DEC. 4, 2003. FAIR AND ACCURATE CREDIT TRANSACTIONS. ACT OF 2003. VerDate 11-MAY-2000 04:48 Dec 12 ...
- Fair and Accurate Credit Transactions Act - Wikipedia, the free ...
The Fair and Accurate Credit Transactions Act of 2003 (abbreviated FACT Act or FACTA, Pub.L. 108-159) is a United States federal law, passed by the United ...
- FTC Office of the Secretary - Fair Credit Reporting Act Links
Oct 24, 2012 ... (July, 2011); The Fair Credit Reporting Act (as amended December 18, 2010); The Fair and Accurate Credit Transactions Act of 2003 (PL ...
- Fair and Accurate Credit Transactions Act of 2003
Results 1 - 12 of 12 ... Fair and Accurate Credit Transactions Act of 2003. The Act which amends the Fair Credit Reporting Act, provides consumers with protections ...
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A numerical value or categorization derived from a statistical tool or modeling system used by a person who makes or arranges a loan to predict the likelihood of ...
- FDIC: FIL-130-2004: Fair and Accurate Credit Transactions Act ...
Dec 13, 2004 ... Summary: The Fair and Accurate Credit Transactions Act of 2003 (FACT Act) contains some provisions that will be implemented through ...
- The Fair and Accurate Credit Transactions Act (FACTA ...
Jun 15, 2009 ... The Fair and Accurate Credit Transactions Act of 2003 (FACTA) is a federal consumer-rights law that amended the Fair Credit Reporting Act of ...
- FACT Act - The Fair and Accurate Credit Transactions Act of 2003
The Fair and Accurate Transactions Act of 2003, or FACT Act, amended the Fair Credit Reporting Act to help consumers fight identity theft. The FACT Act gave ...