 One of the provisions of FACTA, passed in 2003 as an amendment to the Fair Credit Reporting Act (FCRA), was a requirement that each of the three credit reporting agencies provide, upon request, a free credit report every twelve months to every consumer.The goal was to allow consumers a way to ensure their credit information is correct and to guard against identity theft.Accordingly, the three major credit reporting agencies, Equifax, Experian, and TransUnion created the joint venture company Central Source LLC to oversee their compliance with FACTA.