Consumer Reporting Agency In A Sentence In Wake
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Nationwide consumer reporting companies There are three big nationwide providers of consumer reports: Equifax, TransUnion, and Experian.
ConsumerReports is a valuable resource for information on a wide variety of topics. It offers in-depth, unbiased Ratings and advice on thousands of consumer products and services, with no advertising! Get instant, unlimited access to one of the most trusted online sources, ConsumerReports.
Here's what may be included in this report: Verification information such as credit history, employment, salary and education and professional license verification. Criminal arrest and conviction information. Fingerprint information from state and federal criminal record databases.
Consumer reporting companies collect information and provide reports to other companies about you. These companies use these reports to inform decisions about providing you with credit, employment, residential rental housing, insurance, and in other decision-making situations.
The bank must identify itself and certify to the reporting agency (consumer reporting agency) the purposes for which the information is sought. It must also certify that the information will be used for no other purpose (16 CFR 607).
The consumer reports or investigative consumer reports may contain public record information which may be requested or made on you including, but not limited to:consumer credit, criminal records, civil cases in which you have been involved, driving history records, current motor vehicle insurance coverage information, ...
Consumer reports may include information about a person's credit history, medical conditions, driving record, criminal activity, and even their participation in dangerous sports.
A person that is subject to the provisions of this subsection and that uses a credit score, other than a credit score provided by a consumer reporting agency, may satisfy the obligation to provide a credit score by disclosing a credit score and associated key factors supplied by a consumer reporting agency.
You must: Tell the applicant or employee that you might use information in their consumer report for decisions related to their employment. Get written permission from the applicant or employee. Certify compliance to the company from which you are getting the applicant or employee's information.
Employment background checks also are known as consumer reports. They can include information from a variety of sources, including credit reports and criminal records.
