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A borrower wants to review the information being reported about them by the major credit bureaus. Under current law, how may the borrower obtain free copies of their credit reports?

A consumer asks a mortgage lender for a copy of the credit report obtained during the loan application process. What may the lender do?

In September 2018, the CFPB updated two model disclosures under the Fair Credit Reporting Act. Why were those disclosures revised?

A consumer believes someone may attempt to obtain credit using stolen personal information. Which right was expanded under the Economic Growth, Regulatory Relief, and Consumer Protection Act?

What is the primary purpose of a national security freeze?

When a consumer receives the Summary of Consumer Rights or the Summary of Consumer Identity Theft Rights required by the FCRA, what additional notice must also be included?

A consumer wants to understand their rights to obtain and dispute information in consumer reports and to obtain credit scores. Which disclosure provides this information?

A consumer contacts a credit reporting agency because the consumer believes he or she is a victim of identity theft. Which updated disclosure addresses the consumer’s identity theft rights?

Congress changed the minimum period that nationwide consumer reporting agencies must include an initial fraud alert in a consumer’s file. What is the current minimum duration?

A lender receives a credit application and notices that an initial fraud alert appears on the applicant’s credit file. What does this alert require the lender to do?

A compliance manager is reviewing the effective date for the security freeze right, the related notice requirement, and the change in duration for initial fraud alerts. What effective date did Congress set?

A lender denies a consumer employment based in whole or in part on the consumer’s credit report. Which updated FCRA model form must be provided along with a copy of the credit report?