In 2003, the FACT Act amended the Fair Credit Reporting act, making it possible for a consumer to have access to a free copy of their consumer file once during a 12 month period from certain consumer reporting agencies. The FAST Act helps force financial institutions to be more proactive in taking care to prevent identity theft and helping increase consumer privacy.
What’s Better Installment vs Revolving Credit?
Many people need help to optimize their credit usage. They need to understand the differences between installment and revolving credit.