Answer:
The Consumer Credit Reporting Act places the burden of proof for accurate credit information on the credit reporting agency and the creditor furnishing the information. They are responsible for ensuring that the information on the consumer's credit report is accurate, complete, and up-to-date. If the consumer disputes any information on their credit report, the credit reporting agency and the creditor must investigate the dispute and correct any errors. The Consumer Credit Reporting Act places the burden of proof for accurate credit information on the credit reporting agency and the creditor furnishing the information. They are responsible for ensuring that the information on the consumer's credit report is accurate, complete, and up-to-date. If the consumer disputes any information on their credit report, the credit reporting agency and the creditor must investigate the dispute and correct any errors.
Step-by-step explanation: