The Fair Credit Reporting Act provides that a report containing information solely as to transactions or experiences between a consumer and a person making the report is not a consumer report covered by the act.

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The Fair Credit Reporting Act (FCRA) provides that a report containing information solely as to transactions or experiences between a consumer and a person making the report is not a consumer report covered by the Act. To illustrate this limitation, assume that a bank is asked for information about its credit experience with one of its customers. If it reports only as to its own experiences, the report is not covered by the act.

The Fair Credit Reporting Act Provides That a Report Containing