A credit bureau that specializes in preparing reports for casinos will pay $150,000 to settle Federal Trade Commission charges it violated the Fair Credit Reporting Act, the agency said Thursday.

Central Credit LLC, a unit of Global Cash Access Inc., failed to inform casinos that use its credit reports of their obligations under the act, such as providing adverse-action notices to consumers when credit is declined or a check is not cashed.

It also allegedly failed to inform companies that furnish information for credit reports of their obligation to provide accurate information about consumers.

Central Credit further failed to inform consumers of their rights under the FCRA, such as the right to a free annual credit report, the FTC said, and it did not establish a streamlined process for consumers to request free reports, including publishing a toll-free number.

In addition to the civil penalty, the settlement requires Central Credit to do the things the FTC said it had failed to do.

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