07-EA-26: NCUA: Part 717 (Accuracy of Information and Direct Disputes - FACT Act)

Recently, the National Credit Union Administration (NCUA), along with the Federal Trade Commission, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of Thrift Supervision (the Agencies), issued a joint proposed regulation and guidelines regarding procedures to help ensure the accuracy and integrity of information furnished to consumer reporting agencies, and to allow consumers to directly dispute inaccuracies with financial institutions and other furnishers or consumer information.

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