Fair Credit Reporting Act

A jury in Oregon has awarded a woman eighteen million dollars against Equifax for violations of the Fair Credit Reporting Act.  This is the largest verdict ever from my understanding in this type of case.  A link to the story is here.  The Fair Credit Reporting Act allows a consumer to get a free copy of their credit report from the big three credit bureaus once a year.  It also has various statutory penalties for failure to correct the credit report once they are notified of certain errors.  As far as legislation goes, this one is pretty well written and certainly has some teeth.