Alabama Prospective User's Certification of Purposes For Which Consumer Reports Will Be Used

State:
Multi-State
Control #:
US-01415BG
Format:
Word; 
Rich Text
Instant download

Description

Consumer reporting agencies, under 15 U.S.C.A. § 1681e, must require that prospective users of consumer reports:


identify themselves,


certify the purposes for which the information is sought, and


certify that the information will be used for no other purpose.

How to fill out Prospective User's Certification Of Purposes For Which Consumer Reports Will Be Used?

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FAQ

You have the right to request one free copy of your credit report each year from each of the three major consumer reporting companies (Equifax, Experian and TransUnion) by visiting AnnualCreditReport.com. You may also be able to view free reports more frequently online.

Examples of permissible purposes include subpoenas or court orders, written instructions from the consumer, credit transactions with a consumer, employment purposes with written authorization from a consumer, insurance underwriting purposes, tenant screening, and national security investigations.

It's important to review your credit reports from the three nationwide consumer reporting companies?Equifax, TransUnion, and Experian?every twelve months to ensure they are accurate and complete.

Consumer Reports is an independent, nonprofit member organization that works side by side with consumers for truth, transparency, and fairness in the marketplace. Consumer Reports works to create a fair and just marketplace for all.

A consumer report is a report expected to be used or collected in whole or part for the purpose of serving as a factor used in establishing the consumers eligibility for credit or insurance used primarily for personal, family, household, or employment purposes.

Employment background checks also are known as consumer reports. They can include information from a variety of sources, including credit reports and criminal records.

A Consumer Credit Report is an "Employment" credit report from one of the major credit bureaus. Consumer credit reports provide information about a candidate's financial history.

The correct answer is D) Verification of identity. A consumer report is typically used for evaluating an individual's creditworthiness, eligibility for insurance, and employment purposes.

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Alabama Prospective User's Certification of Purposes For Which Consumer Reports Will Be Used