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Does the federal government regulate consumers' access to their credit scores and reports?
Wiki User
∙ 12y ago
The Federal Government passed a law so all consumers have free access to all of their credit history. They regulate these companies so they can not charge the consumers for this right. www.spendonlife.com/guide/fair-credit-reporting-act
Wiki User
∙ 12y ago
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Who is the publisher for GAO reports?
Since the Government Accountability Office (GAO) is a federal agency, the federal government is considered to be the publisher of GAO reports.
What federal law regulates the use of credit reports?
The Federal Trade Commission's Fair Credit Reporting Act of 1971, and its amendment in 2003, the Fair and Accurate Credit Transactions Act (FACTA) are the federal laws that regulate the use of credit reports.
Does federal government guarantee you the right to have three credit reports annually?
Does federal government guarantee me the right to have three credit reports annually may you ask? Well, in my personal opinion, and everything is personal, they could give you it but it is better to ask your local President of the country.
Where can I get all 3 credit reports for free?
Freecreditreport.com provides a service in which you can view your credit reports online! Federal law says consumers have the right to view their credit report for free, once every twelve months.
Why should the federal government adopt the accrual basis of accounting?
The federal government should adopt accrual since there is a 1956 law that requires all government agencies to prepare accrual-basis financial reports. Also, accrual basis will show more information since it shows money that the government is owed and liabilities of the federal government.
Does the Government control the IRS?
Yes. The IRS is part of the US Treasury Department which is part of the executive branch of the federal government. The IRS reports to the Secretary of the Treasury who reports to the President. The function of the IRS is to execute laws which Congress has passed.
What is the primary job members of the committee on budget?
(Write reports on the Federal Government's annual budget and research the impact of budget proposals.)
More Information Provided With Free Credit Scores?
The Consumer Protection Act has influenced new rules for consumers recognized by the Federal Trade Commission and the Federal Reserve Board. Consumers can get free credit score disclosures if they had received terms that were less-than-favorable for auto loans. Also, if a lender denied credit to a consumer or in regard to mortgages, consumers may now get free credit scores. This does not mean the consumer will get a full credit report. But in most cases, full credit reports may be gotten free. The rules may influence consumers to get full credit reports.
What branch of U.S government does the cabinet report to?
The cabinet reports to the President. (actually they are supposed to report to the president, but they actually report to the Federal Reserve.)
What is the government site for free credit reports?
There IS no government site for free credit reports, since credit reports are provided by private firms, NOT by the government.
Who runs the IRS?
The IRS is a part of the United State Department of the Treasury, which is part of the executive branch of the federal government. The IRS is run by the Commissioner of Internal Revenue who reports to the Secretary of the Treasury who reports to the President of the United States.
A place where public records are kept?
Public records are documents that get filed at government agencies (city, state, federal, etc.) They are placed into large databases. These documents are available to the public, but they can be difficult to access. Companies that provide public records reports (people searches, background checks, reverse phone lookups, etc.) pay to access these databases. They then provide reports to consumers who are interested in obtaining this data quickly and easily.
