15 U.S.C. §1681a — Definitions; rules of construction
FCRA's master definitions section. Defines "consumer report," "consumer reporting agency," "adverse action," "nationwide specialty consumer reporting agency," "reseller," and related terms that drive applicability for every other FCRA section.
Verbatim regulatory text
Verbatim provisions from 15 U.S.C. §1681a — Definitions; rules of construction — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
15 U.S.C. §1681a(d)(1) — Definition of "consumer report"
(1) In general.— The term “ consumer report ” means any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer’ s credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer’ s eligibility for—
15 U.S.C. §1681a(f) — Definition of "consumer reporting agency"
The term “ consumer reporting agency ” means any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports.
15 U.S.C. §1681a(k)(1) — Definition of "adverse action"
(1) Actions included.— The term “ adverse action ”—