What is my consumer rights regarding credit reports and credit scores?

In the state of Maine, consumers have the right to access their credit reports and credit scores. The Fair Credit Reporting Act (FCRA) gives consumers the right to obtain a free copy of their credit report once a year, and to dispute any incorrect information that may be on the report. Additionally, federal law requires each of the three major credit reporting agencies to provide consumers with a free credit score if they are denied credit or are charged a higher rate due to their credit report. Under Maine law, consumers can also get assistance if they feel their rights to access or dispute their credit reports has been violated. The Consumer Financial Protection Bureau (CFPB) is an independent federal agency that enforces federal consumer financial protection laws, including the FCRA. They provide consumers with information and resources to help them understand their rights to their credit report and score, as well as how to dispute incorrect information. In addition, the Maine Office of Consumer Credit Regulation offers help to consumers with credit-related issues. They provide consumers with the resources they need to make informed decisions about their finances, such as credit education, counseling, and dispute resolution services. Consumers can contact their local office to file a complaint against a credit-related business and get help with understanding their credit. By understanding their consumer rights regarding credit reports and scores, Maine consumers can better protect themselves from potential financial harm. They can use the resources available to them to ensure that their credit is accurate and that they receive fair treatment when applying for credit.

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What is my consumer rights regarding credit reports and credit scores?

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