Bush Signs FCRA Bill

Share this content:
President Bush signed the Fair Credit Reporting Act extension legislation yesterday, saying it will ensure that "all Americans of every income and background have fair access to credit."


The National Retail Federation welcomed the news, adding that without the legislation, "credit would have become harder to obtain, interest rates would have gone up and routine services like instant credit and immediate discounts would have become difficult, if not impossible, to offer."


The Senate passed the act with permanent state pre-emption last month, while the House of Representatives approved it in September.


"Without extension of uniform national standards under FCRA, retailers and the customers we serve could have been subject to a confusing patchwork of new state laws, rules and regulations," NRF president/CEO Tracy Mullin said. "The current uniform national standards allow retailers and lending institutions to get a complete and accurate picture of a person's credit history."


Loading links....

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here