What Does “Meets FCRA Requirements” Mean on your Credit Report?

Many people have come to us with the question of what “meets FCRA requirements” means on their credit report.  Often times, an account being reported will have this comment attached to it.  Every time, it is an account that the consumer had once issued a dispute over.

The Fair Credit Reporting Act (FCRA) is a law that protects consumers when it comes to challenges over the accuracy of their credit files.  The law provides, among other things, that when a credit bureau receives notice of a dispute it must reasonably investigate the claims.  The investigation must be performed within 30 days.  Often, when the investigation is complete, the credit bureaus may add information to the account that it was a disputed account by the consumer.  Then, they add that they are “meeting FCRA requirements.”

Does this mean that they are?  Just because the credit bureaus say they are in compliance with the FCRA, it doesn’t mean they are.  The FCRA requires that credit bureaus and creditors utilize all reasonable procedures to assure maximum accuracy.  A simple statement on a credit report that they are in compliance does not necessarily make it so.  Thus, if they tell you that the report meets all requirements, you may still want an attorney to review the matter for you.

If you are dealing with an inaccurate credit report and want a completely free case review, contact SmithMarco, P.C.  today.

Larry Smith


  1. Ive been disputing an in accercy on my credit report for over three years and every time they tell me it accoret problem is that its not. Because I never had any dealings with this company and when I requested a copy of the contract they sent ne a paper with time stamps on it where timestamps were stamped weird and when questioned about it they stoped corasponding with me but are still on my credit report my credit score was up in the 700 before this crap was in my report now I cant seem to get my score past 600. W hat can I do?

  2. Mr. Smith, I came across your name while I was searching on google what a statement meant on my credit report. I have been working on increasing my score, but apparently I have no clue what I need to do and in fact is getting worst. I need your help. I have 3 account on collection and many hard inquiries that they need to be remove to move forward. Please I need help.

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