- Publication of Â鶹´«Ã½ Register notice regarding the Fair Credit Reporting Act
The Commission has voted to publish a notice in the Â鶹´«Ã½ Register announcing an adjustment of the ceiling on allowable charges for certain disclosures under the Fair Credit Reporting Act (FCRA), Section 612(a)(1)(A), from $8.00 to $8.50 as of January 1, 2000. This section of the Act, as amended in 1996, provides that (with some exceptions) a consumer reporting agency may charge a reasonable amount for making a disclosure to the consumer, provided the charge does not exceed a statutory maximum and is indicated to the consumer before the disclosure is made. The Act provides that the charge may not exceed $8.00, adjusted annually for inflation. Â
The Commission vote to publish the notice in the Â鶹´«Ã½ Register was 5-0. (FTC File No. P974805; staff contact is Keith B. Anderson, 202-326-3428.)
- Consent agreements given final approval:
Following a public comment period, the Commission has made final a consent agreement with the following entities: The Wire Works, Inc. and Electrodes, Inc. The Commission action makes the consent order binding on the respondents. Â
The Commission vote to finalize the consent agreement was 5-0. (FTC File No. 982-3588; staff contact is Kent Howerton, 202-326-3013; see press release dated September 13, 1999.)
Copies of the documents mentioned in this FYI are available from the FTC's web site at and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580; 877-FTC Help (877-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.
Contact Information
202-326-2180