The Federal Fair Credit Reporting Act (FCRA) is designated to promote accuracy, fairness, and privacy of information in the files of every "consumer reporting agency" (CRA) or Credit Bureau. Learn what the law says and repair your credit today!

Most CRA are credit bureaus that gather and sell information about you, such as if you pay your bills on time or have filed bankruptcy.

They sell this information to creditors, employers, landlords and other businesses; and that's why you should be sure that the information they have on you is accurate and correct.

You can find the complete text of the FCRA 15 U.S.C. 16-81-1681u, at the Federal Trade Commission's website (www.ftc.gov) but here you can find the summary of your rights.

1. You must be told if information in your file has been used against you

2. You can find out what is in your file

3. You can dispute inaccurate information with the CRA

4. Inaccurate information must be corrected or deleted

5. You can dispute inaccurate items with the source of the information

6. Outdated information may not be reported

7. Access to your file is limited

8. Your consent is required for reports that are provided to employers, or reports that contain medical information

9. You may choose to exclude your name from CRA lists for unsolicited and insurance offers.

10. You may seek damages from violators.

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Carmen Shearer is the President and CEO of S&S Financial Solutions. She has worked in the finance arena for over 10 years and holds two engineering degrees and an MBA from a branch of Harvard Business School. S&S Financial Solutions offers you credit repair tools and information with a lifetime guarantee. For more credit related information go to: http://www.excellentcreditnow.com