As a Consumer Reporting Agency (CRA) Finicity provides consumers the assurance that their information is accurate and treated with integrity.
Each consumer report is securely saved for a consumer to access through our consumer portal. If the consumer has any questions or disputes in regard to their report, we have provided a channel for that through the portal. We have policies that are fully compliant with Fair Credit Reporting Act (FCRA) to ensure that consumers receive accurate information in a timely manner.
Any lender that uses our consumer reports has been fully vetted to ensure the End-Users or Resellers have a “permissible purpose” to your report and have certified to the purpose based on rules defined within the FCRA. The lenders receive reports that comply with all laws and industry best practices. This benefits the industry as standards are maintained and consumers benefit from lenders that access reports from a company that has taken the steps to become a CRA.
Fair and Accurate Reports
As a CRA, we have adopted a robust set of policies and procedures to ensure fair and accurate consumer reports, the timely resolution of dispute and the safe and reliable storage of reports.
Our reports contain transaction identifiers that are fully auditable back to their financial institution. This ensures the ability to easily make inquiries or corrections to consumer reports.