A Summary of Your Rights Under the Fair Credit Reporting Act

Last updated: August 14, 2026

The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about employment history). Here is a summary of your major rights under the FCRA. For more information, visit consumerfinance.gov/learnmore.

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

Anyone who uses a consumer report to take action against you — for example, denying an application for employment — must tell you, and give you the name, address, and phone number of the agency that provided the information.

You have the right to know what is in your file.

You may request and obtain all the information about you in the files of a consumer reporting agency (your “file disclosure”). You will be required to provide proper identification.

You have the right to ask for a credit score.

Credit scores are numerical summaries of your creditworthiness based on information from credit bureaus. Note: AxionCred does not produce a credit score or an automated assessment of you.

You have the right to dispute incomplete or inaccurate information.

If you identify information in your file that is incomplete or inaccurate, and report it to the consumer reporting agency, the agency must investigate unless your dispute is frivolous.

Consumer reporting agencies must correct or delete inaccurate, incomplete, or unverifiable information.

Inaccurate, incomplete, or unverifiable information must be removed or corrected, usually within 30 days. However, an agency may continue to report information it has verified as accurate.

Consumer reporting agencies may not report outdated negative information.

In most cases, a consumer reporting agency may not report negative information that is more than seven years old, or bankruptcies that are more than 10 years old.

Access to your file is limited.

A consumer reporting agency may provide information about you only to people with a valid need — usually to consider an application with a creditor, insurer, employer, landlord, or other business. The FCRA specifies those with a valid need for access.

You must give your consent for reports to be provided to employers.

A consumer reporting agency may not give out information about you to your employer, or a prospective employer, without your written consent. Written consent generally is not required in the trucking industry.

You may seek damages from violators.

If a consumer reporting agency, or, in some cases, a user of consumer reports or a furnisher of information to a consumer reporting agency violates the FCRA, you may be able to sue in state or federal court.

Identity theft victims and active duty military personnel have additional rights.

For more information, visit consumerfinance.gov/learnmore.

Contacting AxionCred

To request your file, dispute information, or ask about a reference report, email privacy@axioncred.com or call (888) 324-8340. See our Accuracy & Dispute Policy for how disputes are handled.