This changed with the adoption of the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”). In FACTA, Congress amended the FCRA by, inter alia, defining credit for purposes of the statute as amounting to a particular kind of debt: “the right granted by a creditor to a debt- or to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefor.” See Pub.L. No. 108-159, § 111, 1955 (codified as amended at 15 U.S.C. § 1691a(d)). By defining credit as a “right ... to defer payment,” FACTA indicates that a § 1681b(a)(3)(A) “credit transaction” is a transaction in which the consumer directly participates and voluntarily seeks credit. Accord Stergiopoulos v. First Midwest Bancorp, Inc., 427 F.3d 1043, 1047 (7th Cir.2005) (<HOLDING>). Not all “debt” involves a “credit
recognizing step transaction doctrine whereby courts must consider all steps of transaction in light of entire transaction so that substance of transaction will control over form of each step holding that a credit transaction is not a consumer debt when it is incurred with a profit motive recognizing statutory credit holding that the government agency was engaged in the collection of an account under 15 usc  1681ba3a and therefore had a permissible purpose for obtaining the credit report holding that  1681ba3a applies only if the con sumer initiates a credit transaction