(a) Policies and procedures. Each furnisher must establish and implement reasonable written policies
and procedures regarding the accuracy and integrity of the information
relating to consumers that it furnishes to a consumer reporting agency. The
policies and procedures must be appropriate to the nature, size, complexity,
and scope of each furnisher’s activities.
(b) Guidelines. Each furnisher must consider the guidelines in Appendix E of this part
in developing its policies and procedures required by this section, and
incorporate those guidelines that are appropriate.
(c) Reviewing and updating policies and procedures. Each furnisher must review its policies and procedures required by this
section periodically and update them as necessary to ensure their continued
effectiveness.
