Any time a consumer is denied credit or insurance on the basis of his or her credit report,the consumer must be notified of that fact.

Name: Any time a consumer is denied credit or insurance on the basis of his or her credit report,the consumer must be notified of that fact.
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Question

Quizplus · Accepted Answer

This is mandated by the Fair Credit Reporting Act (FCRA). The consumer must be provided with a copy of their credit report and information on how to dispute any errors on the report.

Any Time a Consumer Is Denied Credit or Insurance on the Basis