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Helpful Info
Price Ceiling for Consumer Reports Increases January 5, 2009 As required by the Fair Credit Reporting Act, the Federal Trade Commission has adjusted the ceiling on allowable charges for consumer reports to $11. The Federal Trade Commission (FTC) has increased the ceiling on allowable charges for consumer reports from $10.50 to $11. The change became effective Jan. 1, 2009. Under 1996 amendments to the Fair Credit Reporting Act (FCRA), the FTC is required to revise the ceiling each year based on changes in the Consumer Price Index. |
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