Fair Credit Reporting Act Disclosures

January 9, 2019 CFPB, Regulation lookup 0

Title:	Fair Credit Reporting Act Disclosures
Subject:	FCRA
Agency:	CFPB
Status:	Final rule
Summary:	The bureau is amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), to add a section establishing a maximum allowable charge for disclosures by a consumer reporting agency to a consumer pursuant to FCRA section 609. The Bureau is also amending Regulation V to add an appendix setting forth the statutory requirements for determining the maximum allowable charge; announcing the maximum charge for 2019; and preserving a list of historical maximum allowable charges. Historically, the Bureau has published these FCRA annual adjustments as a notice. The Bureau is now codifying those notices and adding a provision to Regulation V to track the FCRA’s provisions concerning the annual maximum allowable charge.
FR Doc:	2018-28372
Date proposed:
Comments due date:
Final rule effective date:	January 31, 2019
Rule compliance date:	January 1, 2019
Agency release:
Related Reg Report item(s):	Kraninger sets $12.50 maximum charge for consumer credit reports in 2019

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