Rigatel Corp. ,an investment bank,is in the final stage of its selection process for a business analyst.Rob is one of the desired candidates for the position.As part of background checks,the bank wants to look at his credit history.Which of the following acts requires them to obtain Rob's consent before using a third party to check his credit history?
A) The Civil Rights Act of 1991
B) The Fair Credit Reporting Act
C) The Fair Labor Standards Act
D) The Labor-Management Reporting and Disclosure Act
E) The Consumer Credit Protection Act

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act requires companies to obtain written consent from an employee or job candidate before obtaining a credit report from a third party.