Kentucky Consent to Investigative Consumer Report

State:
Multi-State
Control #:
US-001WG
Format:
Word; 
Rich Text
Instant download

Description

The Federal Fair Credit Reporting Act regulates the use of information on a consumer's personal and financial condition. The most typical transaction which this Act would cover would be where a person applies for a personal loan or other consumer credit. Consumer credit is credit for personal, family, or household use, and not for business or commercial transactions. Also, this Act can apply when a person applies for a job or even a policy of insurance when certain investigations are made of the applicant.


Investigative Consumer Reports are special types of consumer report not commonly used by credit and collection professionals. This report differs from the typical report used for the extension of consumer credit because it is can include information regarding a consumer's character, general reputation, and personal characteristics obtained through interviews with neighbors, friends, business associates, etc.

Free preview
  • Preview Consent to Investigative Consumer Report
  • Preview Consent to Investigative Consumer Report

How to fill out Consent To Investigative Consumer Report?

If you desire to thoroughly acquire or print legal document templates, utilize US Legal Forms, the largest collection of legal forms available online.

Take advantage of the site's simple and user-friendly search features to discover the documents you require.

Many templates for business and personal purposes are categorized by types and jurisdictions, or keywords.

Step 3. If you are not satisfied with the form, take advantage of the Search area at the top of the screen to find alternative versions of the legal form template.

Step 4. Once you have found the form you need, click the Get now option. Select your preferred pricing plan and enter your details to register for an account.

  1. Utilize US Legal Forms to locate the Kentucky Consent to Investigative Consumer Report in just a few clicks.
  2. If you are already a US Legal Forms user, sign in to your account and click the Download button to retrieve the Kentucky Consent to Investigative Consumer Report.
  3. You can also find forms you previously downloaded in the My documents section of your account.
  4. If you are using US Legal Forms for the first time, follow the instructions below.
  5. Step 1. Ensure you have chosen the form for the appropriate region/state.
  6. Step 2. Use the Preview option to review the form's details. Don't forget to read the description.

Form popularity

FAQ

(l) An investigative consumer reporting agency shall maintain reasonable procedures designed to prevent the reappearance in the file of a consumer and in investigative consumer reports information that has been deleted pursuant to this section and not reinserted pursuant to subdivision (f).

An investigative consumer report means a consumer report or portion thereof in which information on your character; general reputation, personal characteristics or mode of living is obtained through personal interviews with current or former employers, friends, associates, neighbors or other personal acquaintances.

What is a Consumer Report? A consumer report contains information about your personal and credit characteristics, character, general reputation, and lifestyle. To be covered by the FCRA, a report must be prepared by a consumer reporting agency (CRA), a business that assembles such reports for other businesses.

As a rule of thumb, the distinction between the two types of investigations can be thought of as simply verifying the specific facts about education, employment or other information the applicant has provided to the employer ("consumer report") versus obtaining more general character or personal information through

Information excluded from consumer reports further include: Arrest records more than 7 years old. Items of adverse information, except criminal convictions older than 7 years. Negative credit data, civil judgments, paid tax liens, and/or collections accounts older than 7 years.

Section 1681a of the Fair Credit Reporting Act defines an investigative consumer report as a consumer report or portion thereof in which information on a consumer's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or

An investigative consumer report is more like a detailed background check. Facts that create a picture of who you are as a person are included in this kind of report, and the gathering of that information might even include interviews with your neighbors, friends and associates.

Employers who use "investigative reports" reports based on personal interviews concerning a person's character, general reputation, personal characteristics, and lifestyle have additional obligations under the FCRA.

The term does not include a consumer report or other compilation of information that is limited to specific factual information relating to a consumer's credit record or manner of obtaining credit obtained directly from a creditor of the consumer or from a consumer reporting agency when that information was obtained

The user must disclose to the consumer that an investigative consumer report may be obtained. This must be done in a written disclosure that is mailed, or otherwise delivered, to the consumer at some time before or not later than three days after the date on which the report was first requested.

Trusted and secure by over 3 million people of the world’s leading companies

Kentucky Consent to Investigative Consumer Report