Information Furnisher Law and Legal Definition

An information furnisher is a company that provides information to consumer reporting agencies. Information furnisher is governed under the Fair Credit Reporting Act(FCRA). Examples of information furnisher are, state or municipal courts reporting a judgment of some kind, past and present employers and bonders. Under the FCRA, the information furnishers may only report the following that includes:

1. Complete and accurate information to the credit reporting agencies.

2. Disputed information from consumers .

3.Negative information which has been or is about to be placed on a consumer's credit report within 30 days.