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Department of National Statistics

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Q: Which federal agency is responsible for computing and reporting Consumer Price Index?
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Who is responsible for preventing unfair false or deceptive advertising packaging and selling of consumer products?

federal trade commission


How does the Fair Credit Reporting Act protect the rights of the consumer?

Here is info published by the federal government on the topic: The Fair Credit Reporting Act (FCRA), enforced by the Federal Trade Commission, is designed to promote accuracy and ensure the privacy of the information used in consumer credit reports. Recent amendments to the Act expand your rights and place additional requirements on credit reporting agencies (CRAs). Businesses that supply information about you to CRAs and those that use consumer reports also have new responsibilities under the law. Although the FTC can't act as your lawyer in private disputes, information about your experiences and concerns is vital to the enforcement of the Fair Credit Reporting Act. Send your questions or complaints to: Consumer Response Center


What are three important federal laws regulating consumer credit?

The Fair Credit Reporting Act promotes the accuracy and privacy of information in consumer credit reports. It also controls the use of credit reports and requires consumer reporting agencies to maintain correct and complete files. The Equal Credit Opportunity Act requires that individual creditors apply credit standards in a fair manner.


Which government agency is responsible for enforcing national consumer protection laws?

justiceDepartment of Justice, Justice Department


Is All credit reporting is done by the federal government?

no


What are the main rules of the consumer credit bureau?

The main rules of a consumer credit bureau is that it follows rules and regulations in the country where it's active. In the United States the Federal Trade Commission (FTC) has oversight of such bureaus. The main rules are found in the Fair Credit Reporting Act (FCRA)


What federal agency helps protect your credit rights?

The federal Fair Credit Reporting Act


Can consumers sue credit reporting companies who maintain incorrect information causing the consumer to be penalized?

Yes, but you first need to follow the statory procedures under the Fair Credit Reporting Act to dispute the inaccurate information. If the reporting agencies fails to remove incorrect information, then you might have a claim for damages. There may also be a law in your state that provides more protection that the federal law.


Which federal agency coordinates federal activities on behalf of the consumer?

The U.S. Office of Consumer Affairs (Department of Health and Human Services)


When was Committee for a Responsible Federal Budget created?

Committee for a Responsible Federal Budget was created in 1981.


What is the United States CERT agency's purpose?

US-CERT and the federal civilian agencies are to utilize the following incident and event categories and reporting timeframe criteria as the federal agency reporting taxonomy.


Which federal agency oversees the Uniform Crime Reports?

The Federal Bureau of Investigations complies all Uniform Crime Reporting statistics in addition to setting the reporting standards for individual agencies to follow.