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The FCRA specifies those with a valid need for access. You must give your consent for reports to be provided to employers. A consumer reporting agency may not give out information about you to your employer, or a potential employer, without your written consent given to the employer.

The Fair Credit Reporting Act (FCRA) , 15 U.S.C. § 1681 et seq., governs access to consumer credit report records and promotes accuracy, fairness, and the privacy of personal information assembled by Credit Reporting Agencies (CRAs).

The FCRA was passed to address a growing credit reporting industry in the United States that compiled ?consumer credit reports? and ?investigative consumer reports? on individuals. The FCRA was the first federal law to regulate the use of personal information by private businesses.

Non-FCRA Report means a report requested on an individual domiciled in the United States wherethe report will n ot be used for the extension of credit, insurance, or employment and not used primarily for personal, family, or household purposes as defined in 15 USC et seq.

The FCRA requires any prospective user of a consumer report, for example, a lender, insurer, landlord, or employer, among others, to have a legally permissible purpose to obtain a report.

Ing to the Fair Credit Reporting Act (FCRA), negative items can appear on your credit report for up to 7 years (and possibly more). These include items such as debt collections and late payments. The time frame begins from the original date of the delinquency (the date of the missed payment).

As noted above, the FCRA allows transaction or experience information to be shared among affiliates without giving the consumer notice and an opportunity to opt out, but provides that ?other? information, such as information from credit reports and credit applications, may not be shared among affiliates without giving ...

A furnisher is a company that provides financial information about a consumer, including credit history, to credit rating agencies like credit bureaus. Credit bureaus then include that information in credit reports, which lenders use to make decisions on whether to approve borrowers for loans.

Thus, it generally includes any written, oral, or other communication of any information that bears on a consumer's credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used (or expected to be used) or collected in whole or in part for ...