20.07 – CORRECTION OF INACCURATE INFORMATION. (a) A
Texas Business and Commerce Code § 20.07
Summary
This law requires consumer reporting agencies to allow providers of consumer credit information to correct inaccuracies. It mandates that agencies implement reasonable procedures to ensure timely corrections are made to consumer files.
Agencies must allow corrections via facsimile or automated means.
Timely correction of inaccuracies is required.
Applies to consumer reporting agencies and information providers.
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In simple terms: Learn about Texas's CORRECTION OF INACCURATE INFORMATION. (a) A law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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