FTC and Other Agencies Request Comment on Fair Credit Guidelines

A notice in the Federal Register on Wednesday requested that comments relating to new fair credit reporting guidelines be submitted to a variety of governmental agencies. These guidelines and rules will implement the provisions of the FACT Act, which amended the Fair Credit Reporting Act in 2003. These guidelines are intended to ensure the accuracy and integrity of information provided to consumer reporting agencies and issue regulations regarding re-investigation of certain disputes to the accuracy of information contained in consumer reports.

Each of the various agencies has separate guidelines and procedures for submitting comments, which can be found at:

Federal eRulemaking Portal

OCC Website

FDIC Website

NCUA Website

FTC Website

Complete text of the Federal Register Notice

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