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FTC Joins Agencies In Support of FCRA

PRIVACY LAW—U.S.

May 9, 2012

The Federal Trade Commission has joined the Department of Justice and the Consumer Financial Protection Bureau in submitting a brief supporting the constitutionality of the Fair Credit Reporting Act (FCRA), which allows consumer reporting agencies access to accurate information while protecting consumers from invasion of privacy. The agencies filed a memorandum urging a federal district court to uphold "an important provision of the FCRA, which has protected consumers' privacy for more than 40 years." The brief was filed in opposition to the General Information Service's assertion in Shamara T. King v. General Information Services, Inc., that the FCRA provision restricts free speech by banning credit reporting agencies from disclosing unfavorable information that is more than seven years old.
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