asked 139k views
3 votes
All of the following are true regarding the federal Fair Credit Reporting Act EXCEPT

**. Reports may be sent to anyone who requests one



B) insurers are not required to give customers a copy of the report

C) It applies to credit reports ordered in connection with insurance, banking and employment

D) The customer must be notified if adverse action is taken as a result of a report

asked
User XTRUMANx
by
8.0k points

1 Answer

3 votes

Final answer:

The federal Fair Credit Reporting Act prohibits credit reports from being sent to anyone who requests one without the consumer's consent.

Step-by-step explanation:

The correct answer for this question is option A) Reports may be sent to anyone who requests one. The federal Fair Credit Reporting Act prohibits credit reports from being sent to anyone who requests one without the consumer's consent.

All of the other options are true regarding the federal Fair Credit Reporting Act. Under the Fair Credit Reporting Act, reports cannot be sent to anyone who requests one without your consent. This act is designed to protect consumers' personal financial information and ensure that credit reporting agencies follow certain guidelines and regulations.

answered
User Alelom
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.