The Fair Credit Reporting Act regulates credit reports on both consumers and businesses.

Name: The Fair Credit Reporting Act regulates credit reports on both consumers and businesses.
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Question

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The Fair Credit Reporting Act regulates credit reports on consumers but not those on businesses. It applies to anyone who prepares or uses a credit report in connection with a) extending credit, b) selling insurance, or c) hiring or firing an employee.

The Fair Credit Reporting Act Regulates Credit Reports on Both