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12 CFR § 608.815 - Credit report.

---
identifier: "/us/cfr/t12/s608.815"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 608.815 - Credit report."
title_number: 12
title_name: "Banks and Banking"
section_number: "608.815"
section_name: "Credit report."
chapter_name: "FARM CREDIT ADMINISTRATION"
subchapter_number: "A"
subchapter_name: "ADMINISTRATIVE PROVISIONS"
part_number: "608"
part_name: "COLLECTION OF CLAIMS OWED THE UNITED STATES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 5.17 of the Farm Credit Act; 12 U.S.C. 2252; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 4 CFR parts 101-105; 5 CFR part 550."
regulatory_source: "59 FR 13187, Mar. 21, 1994, unless otherwise noted."
cfr_part: "608"
---

# 608.815 Credit report.

In order to aid the FCA in making appropriate determinations regarding the collection and compromise of claims; the collection of charges for interest, administrative costs, and penalties; the use of administrative offset; the use of other collection methods; and the likelihood of collecting the claim, the FCA may institute, consistent with the provisions of the Fair Credit Reporting Act (15 U.S.C. 1681, *et seq.*), a credit investigation of the debtor immediately following a determination that the claim exists.