Under the Fair Credit Reporting Act, a consumer reporting agency, on request by and proper identification of the consumer, must clearly and accurately disclose to the consumer:
the nature and substance of certain information in its files on the consumer;
the sources of most of that information;
the recipients of any consumer report on the consumer furnished for employment purposes within the two-year period preceding the request, and for any other purpose within the one-year period preceding the request;
the dates, original payees, and amounts of any checks on which is based any adverse characterization of the consumer, included in the file at the time of the disclosure; and
a record of all inquiries received by the agency during the one-year period preceding the request that identified the consumer in connection with a credit or insurance transaction that was not initiated by the consumer.
California Request for Disclosure Regarding Nature and Substance of Files of Consumer Reporting Agency: The California Request for Disclosure Regarding Nature and Substance of Files of Consumer Reporting Agency is a legal document used to request information about the nature and substance of a consumer's file held by a consumer reporting agency (commonly known as a credit reporting agency) operating in the state of California. This disclosure is important as it allows consumers to gain insight into the personal information collected, stored, and shared about them. Keywords: California, Request for Disclosure, Nature and Substance, Consumer Reporting Agency, credit reporting agency, personal information, legal document, files, consumer's file, information disclosure. Different types of California Request for Disclosure Regarding Nature and Substance of Files of Consumer Reporting Agency: 1. General Request: This type of request is made by a consumer to obtain the nature and substance of their file held by the consumer reporting agency. It allows them to access their personal information, including credit reports, payment history, public records, and any other data collected that may affect their creditworthiness and financial standing. 2. Dispute Resolution Request: In some cases, consumers may suspect errors or inaccuracies in their credit reports or other information within the consumer reporting agency's files. This type of request is specific to resolving disputes related to the nature and substance of the files. It seeks clarification or correction of any erroneous or outdated information. 3. Request for Security Measures: As data breaches and identity theft incidents continue to rise, consumers may have concerns about the security measures implemented by the consumer reporting agency in protecting their personal information. This specialized request allows individuals to obtain details about the security protocols, encryption methods, and data protection practices employed by the agency. 4. Request for Consent Disclosure: When a consumer is required to provide consent for their personal information to be shared or sold by the consumer reporting agency, this type of request seeks disclosure regarding the specific nature and substance of the information being collected or shared, as well as the intended recipients or purposes of such disclosure. Keywords: General Request, Dispute Resolution Request, Request for Security Measures, Request for Consent Disclosure, personal information, credit reports, payment history, public records, data breaches, identity theft, consumer's file.
