Under which act are consumers protected from inaccurate information in credit checks?

The Fair Credit Reporting Act (FCRA) is specifically designed to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. It establishes requirements for how consumer information is collected, distributed, and used, ensuring that consumers have the right to dispute inaccuracies and have them corrected. The FCRA provides mechanisms for consumers to obtain information regarding their credit reports, and it mandates that reporting agencies take reasonable steps to verify the integrity of the information provided.

In contrast, the other options, while related to consumer protection in different ways, do not specifically address the accuracy of information in credit checks. The Truth in Lending Act focuses on transparency regarding lending terms and costs. The Equal Opportunity Act pertains to preventing discrimination in lending practices. The Fair Credit Billing Act deals primarily with resolving billing errors in credit card accounts. Therefore, the Fair Credit Reporting Act is the most relevant legislation concerning the protection of consumers from inaccurate information in credit checks.