[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR600.1]

[Page 488]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 600--STATEMENTS OF GENERAL POLICY OR INTERPRETATIONS--Table of Contents
 
Sec. 600.1  Authority and purpose.

    (a) Authority. This part is issued by the Commission pursuant to the 
provisions of the Fair Credit Reporting Act. Pub. L. 91-508, approved 
October 26, 1970. 84 Stat. 1127-36 (15 U.S.C. 1681 et seq).
    (b) Purpose. The purpose of this part is to clarify and consolidate 
statements of general policy or interpretations in a commentary in the 
appendix to this part. The Commentary will serve as guidance to consumer 
reporting agencies, their customers, and consumer representatives. The 
Fair Credit Reporting Act requires that the manner in which consumer 
reporting agencies provide information be fair and equitable to the 
consumer with regard to the confidentiality, accuracy, and proper use of 
such information. The Commentary will enable interested parties to 
resolve their questions more easily, present a more comprehensive 
treatment of interpretations and facilitate compliance with the Fair 
Credit Reporting Act in accordance with Congressional intent.