Credit Shopper

The federal government established the Fair Credit Reporting Act on April 25, 1971 so as to protect consumers against having inaccurate, misleading or obsolete information included in their credit reports. The intent in this law was that the credit bureaus should operate in a reasonable and fair manner when they work with consumers.

In this day and age where most people have easy access to a consumer credit, Americans are finding themselves sinking deeper and deeper into debt. Racking up a mere $10,000 in debt is now easy and all too common.