Fair Credit Reporting Act
E155079
The Fair Credit Reporting Act is a U.S. federal law that regulates how consumer credit information is collected, shared, and used, providing protections for accuracy, privacy, and access to credit reports.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Fair Credit Reporting Act canonical | 10 |
| Fair and Accurate Credit Transactions Act of 2003 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1341129 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Fair Credit Reporting Act Context triple: [Consumer Financial Protection Bureau, enforces, Fair Credit Reporting Act]
-
A.
Equal Credit Opportunity Act
The Equal Credit Opportunity Act is a U.S. federal law that prohibits discrimination in any aspect of a credit transaction on the basis of characteristics such as race, sex, marital status, religion, national origin, age, or receipt of public assistance.
-
B.
Truth in Lending Act
The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
-
C.
Privacy Act of 1974
The Privacy Act of 1974 is a U.S. federal law that governs how federal agencies collect, maintain, use, and disclose individuals’ personal information, granting citizens rights to access and correct records about themselves.
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D.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
-
E.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Fair Credit Reporting Act Target entity description: The Fair Credit Reporting Act is a U.S. federal law that regulates how consumer credit information is collected, shared, and used, providing protections for accuracy, privacy, and access to credit reports.
-
A.
Equal Credit Opportunity Act
The Equal Credit Opportunity Act is a U.S. federal law that prohibits discrimination in any aspect of a credit transaction on the basis of characteristics such as race, sex, marital status, religion, national origin, age, or receipt of public assistance.
-
B.
Truth in Lending Act
The Truth in Lending Act is a U.S. federal law that requires lenders to clearly disclose key terms and costs of consumer credit to promote informed borrowing and protect consumers from unfair lending practices.
-
C.
Privacy Act of 1974
The Privacy Act of 1974 is a U.S. federal law that governs how federal agencies collect, maintain, use, and disclose individuals’ personal information, granting citizens rights to access and correct records about themselves.
-
D.
Regulation Z
Regulation Z is a key U.S. federal rule implementing the Truth in Lending Act, requiring clear disclosure of credit terms and costs to protect consumers in credit transactions.
-
E.
Gramm-Leach-Bliley Act of 1999
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
- F. None of above. chosen
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
consumer protection law ⓘ |
| administeredBy |
Consumer Financial Protection Bureau
ⓘ
Federal Trade Commission ⓘ |
| allows |
punitive damages for willful violations
ⓘ
recovery of attorney’s fees and costs ⓘ statutory damages for certain violations ⓘ |
| amendedBy |
Dodd–Frank Wall Street Reform and Consumer Protection Act
ⓘ
Fair Credit Reporting Act self-linksurface differs ⓘ
surface form:
Fair and Accurate Credit Transactions Act of 2003
|
| appliesTo |
consumer investigative reports
ⓘ
credit reports ⓘ |
| codifiedAt | 15 U.S.C. § 1681 et seq. ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| effectiveDate | 1971 ⓘ |
| enactedBy | United States Congress ⓘ |
| enforcedBy |
federal agencies
ⓘ
private civil actions ⓘ state attorneys general ⓘ |
| imposesLiability |
civil liability for negligent noncompliance
ⓘ
civil liability for willful noncompliance ⓘ |
| jurisdiction | federal ⓘ |
| limits |
how long negative information can be reported
ⓘ
sharing of medical information in consumer reports ⓘ use of consumer reports for employment purposes ⓘ |
| protects | consumer privacy ⓘ |
| providesRight |
right to a free annual credit report from each nationwide consumer reporting agency
ⓘ
right to be informed of adverse actions based on a consumer report ⓘ right to dispute inaccurate information ⓘ right to have inaccurate information corrected or deleted ⓘ right to obtain a copy of one’s consumer report ⓘ |
| publicLawNumber | Public Law 91-508 ⓘ |
| purpose | to promote accuracy, fairness, and privacy of information in the files of consumer reporting agencies ⓘ |
| regulates |
collection of consumer credit information
ⓘ
consumer reporting agencies ⓘ furnishers of information to consumer reporting agencies ⓘ sharing of consumer credit information ⓘ use of consumer credit reports ⓘ users of consumer reports ⓘ |
| relatedTo |
Fair Debt Collection Practices Act
ⓘ
Gramm-Leach-Bliley Act of 1999 ⓘ
surface form:
Gramm–Leach–Bliley Act
|
| requires |
disclosure of credit scores in certain circumstances
ⓘ
identity theft and fraud alert mechanisms on consumer files ⓘ notice to consumers when adverse action is taken based on a consumer report ⓘ permissible purpose for obtaining a consumer report ⓘ reasonable procedures to assure maximum possible accuracy of information ⓘ |
| sector | consumer credit reporting ⓘ |
| shortName | FCRA ⓘ |
| signedBy | Richard Nixon ⓘ |
| titleOfUSCode | Title 15 of the United States Code ⓘ |
| yearEnacted | 1970 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Fair Credit Reporting Act Description of subject: The Fair Credit Reporting Act is a U.S. federal law that regulates how consumer credit information is collected, shared, and used, providing protections for accuracy, privacy, and access to credit reports.
Referenced by (11)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Fair and Accurate Credit Transactions Act of 2003
subject surface form:
TransUnion