If you prove an FCRA violation, you may be entitled to recover actual damages, which can include out-of-pocket losses like higher interest paid or denial of credit, as well as compensation for emotional distress. For willful violations (where the CRA or furnisher knowingly or recklessly violated the FCRA), you may also be able to recover statutory damages (between $100 and $1,000) and punitive damages. Additionally, the FCRA is a fee-shifting statute, meaning the prevailing consumer is typically entitled to recover their reasonable attorney’s fees and court costs.