If a credit bureau issues a consumer credit report for a reason not specified by the Fair Credit Reporting Act,the credit bureau may be subject to a "cease-and desist" order; however,it may not be held liable for damages.

Credit Bureau

An agency that collects and maintains individual credit information, providing credit reports to creditors to aid in the decision-making process.

Cease-And-Desist

A legally enforceable order issued by a court or government agency directing a person or entity to stop an alleged illegal activity.

Fair Credit Reporting Act

Federal law that regulates the collection, dissemination, and use of consumer credit information, ensuring accuracy, privacy, and fairness.