Welcome to NCRA
Founded in 1992, the National Credit Reporting Association,
Inc.
(NCRA) is a national trade organization of consumer reporting agencies
and associated professionals that provide products and services to hundreds
of thousands of credit grantors, employers, landlords and all types of
general businesses.
Headquartered in the Chicago suburb of Bloomingdale, Illinois, NCRA
serves members in the United States and Puerto Rico. NCRA's membership
includes two of every three mortgage credit reporting agencies in the United
States that can produce a credit report that meets the requirements of
Fannie Mae, Freddie Mac and HUD for mortgage lending. Additionally,
our members produce reports for employment screening and tenant screening.
NCRA members must agree to comply with all federal and state applicable
laws, including the Fair Credit Reporting Act, the Fair and Accurate Credit
Transactions Act, and the Gramm- Leach-Bliley Act. These laws define
the appropriate procedures for obtaining consumer and credit information,
establishing the responsibilities and privacy protocols of the users and
furnishers of consumer information.
NCRA’s Online Study Guide, Employee Certification Program, and
Comprehensive Information Security Program set one of the most stringent “ Best
Practices” standards in the industry to assist its members
in adhering to the Federal regulations. NCRA's members are committed
to solid business practices, including agreement with the associations
Code of Ethics.
NCRA shares its knowledge and understanding of the industry with its members
through the Annual Conference, Educational Tele- Seminars, The Credit Reporter
and The Advocate publications.
NCRA Code of Ethics
In keeping with the Mission of NCRA, to further and promote the
general welfare of its members, credit grantors and consumers, members
of NCRA pledge to promote and uphold the following Code of Ethics and obligate
them:
- To fully understand and strictly follow all applicable federal and state
laws relating to the consumer credit and credit reporting industries.
- To maintain procedures, including the refusal to delete or change information
obtained from reliable sources, which will result in the provision of credit
reports to our customers, which meet the highest standards of accuracy
for the mutual benefit of the customer and the consumer.
- To fully and accurately disclose credit-reporting information to consumers
who are the subjects of credit reports in order to further promote the
accuracy of our data and the trust of the public.
- To treat all information with the utmost confidentiality and adopt appropriate
procedures to that end.
- To conduct our business in a manner reflecting honor and integrity, and
report fraudulent and unethical practices to the appropriate authorities.
- To recognize our obligations to our communities as active citizens and
keep fully informed on the economic and legal conditions and responsibilities
affecting the industry.
- To compete in an ethical manner and make no misrepresentations about
others or ourselves.
- To resolve disputes between members in a dignified and professional manner.
- To serve only the most reputable persons in the most reputable manner.
- To terminate business relationships with persons who deviate from the
principles underlying this Code of Ethics.
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