Congress Faces Critical Decision About Consumer Credit Legislation (The Fair Credit Reporting Act of 1970 and 1996)

Duncan, Joseph W.
July 2003
Business Economics;Jul2003, Vol. 38 Issue 3, p62
Academic Journal
Examines the possible consequences of a failure to reauthorize the preemptive provisions of the Fair Credit Reporting Act with regard to consumer protection in the U.S. Analysis of the role of consumer credit in the U.S. economy; Significance of the development of credit-scoring models to risk management; Benefits for consumers of the introduction of credit scoring into the mortgage market; Implications for the issues of privacy and identity theft in the U.S.


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