May 27, 2022

Volume XII, Number 147

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May 26, 2022

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May 25, 2022

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May 24, 2022

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[FCRA] ALERT! Consumers Can Check Credit Reports Weekly For Free

In case you missed it, the big-3 Credit Reporting Agencies (Equifax, Experian, and TransUnion) issued a “joint action” that they are now offering free weekly credit reports to all Americans until April 2021.

While the Fair Credit Reporting Act requires the big-3 to provide consumers with one free annual report every 12 months, this is an unprecedented step in response to the anticipated COVID-19 impacts on the individual consumer.  This weekly consumer report access could mean a lot of things for furnishers, like a sudden increase in consumer disputes.

As a result, this is a pivotal time for furnishers to remain vigilant with their compliance condition code policies and dispute resolution procedures to help keep pace with the evolving credit reporting landscape.   

© Copyright 2022 Squire Patton Boggs (US) LLPNational Law Review, Volume X, Number 132
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About this Author

Katherine Spicer, attorney, Squire
Attorney

Katherine (Katy), is a litigator who draws on her unique military background to help clients solve their complex legal issues. Katy represents clients in internal and government investigations, complex civil and criminal litigation and international arbitration.

202-457-6305
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