What is the FCRA and what does it require?
The purpose of the Fair Credit Reporting Act is to require that CRAs adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance and other information in a manner which is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and other proper utilization of such information in accordance with the requirements of the act. This video will provide definitions and key terms as well as details on what the FCRA requires and potential liability.
Matthew D. Urban
Weltman, Weinberg & Reis Co., L.P.A.
- Managing attorney of the credit union group in the Pittsburgh office of Weltman, Weinberg & Reis Co., L.P.A.
- Oversees all facets of credit union collection, litigation, and compliance work across Pennsylvania
- Practices in consumer collections, focusing on general consumer collection and litigation matters
- Member of the Allegheny County Bar Association
- Licensed in Pennsylvania and is admitted to practice before the U.S. District Court (Western and Middle District of Pennsylvania)
- Serves as vice president in charge of education for the Pennsylvania Creditors’ Bar Association
- J.D. degree, Duquesne University School of Law; B.A. degree in history, magna cum laude, West Virginia University
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