Credit Agency Corporation issues consumer credit reports. The company generally does not delete unverifiable or erroneous information from the reports. Under the Fair Credit Reporting Act, this firm may be subject to

Question

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Under the Fair Credit Reporting Act, companies are required to correct or delete unverifiable, outdated, or erroneous information. Failure to do so can result in the company being liable for damages to the consumer affected by the inaccurate information.

Credit Agency Corporation Issues Consumer Credit Reports