If a credit bureau issues a consumer credit report for a reason not specified by the Fair Credit Reporting Act,the credit bureau may be subject to a "cease-and desist" order; however,it may not be held liable for damages.

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The Fair Credit Reporting Act regulates the issuance of credit reports for limited business purposes,such as a determination of credit or insurance eligibility,employment,and licensing.If a credit bureau issues a consumer credit report for a reason not specified by the Fair Credit Reporting Act,it may be held liable for damages and additional fines.

If a Credit Bureau Issues a Consumer Credit Report for a Reason