Hit tab again .... ! Sorry
US Code SS 623. Responsibilities of furnishers of information to consumer reporting agencies [15 U.S.C. ss 1681s-2]
(a) Duty of Furnishers of Information to Provide Accurate Information
(A) Reporting information with actual knowledge of errors. A person
shall not furnish information relating to a consumer to any consumer
reporting agency if the person knows or has reasonable cause to
believe that the information is inaccurate.
(B) Reporting information after notice and confirmation of errors. A
person shall not furnish information relating to a consumer to any
consumer reporting agency if:
(i) the person has been notified by the consumer, at the address
specified by the person for such notices, that specific
information is inaccurate; and
(ii) the information is, in fact, inaccurate.
(C) No address requirement. A person who clearly and conspicuously
specifies to the consumer an address for notices referred to in
subparagraph (B) shall not be subject to subparagraph (A); however
nothing in subparagraph (B) shall require a person to specify such an
(D) Definition. For purposes of subparagraph (A), the term "reasonable
cause to believe that the information is "inaccurate" means having
specific knowledge, other than solely allegations by the consumer,
that would cause a reasonable person to have substantial doubts about
the accuracy of the information.
(2) Duty to correct and update information. A person who
(A) regularly and in the ordinary course of business furnishes
information to one or more consumer reporting agencies
about the person's transactions or experiences with any
(B) has furnished to a consumer reporting agency information that
the person determines is not complete or accurate, shall promptly
notify the consumer reporting agency of that determination and
provide to the agency any corrections to that information, or any
additional information, that is necessary to make the information
provided by the person to the agency complete and accurate, and
shall not thereafter furnish to the agency any of the information
that remains not complete or accurate.
I might also add that any one who has not read the law, should.